Jiaxing targets improving transportation network by 2025
Jiaxing in East China's Zhejiang province sets goals to improve its transportation network by 2025. [Photo/WeChat account: jxfabu]
Jiaxing in East China's Zhejiang province has set goals to improve its transportation network by 2025, local media reported on April 1.
According to the city's development plan for comprehensive transportation during the 14th Five-Year Plan period (2021-25), Jiaxing is expected to launch 139 projects, with a total investment of 415 billion yuan ($63.21 billion).
The city plans to invest 14 billion yuan in highways, water transportation, and airports this year, a year-on-year increase of 43 percent.
During the 13th Five-Year Plan period (2016-20), Jiaxing invested 68.8 billion yuan in transportation, 330 percent higher than its investment during the 12th Five-Year Plan period (2011-15).
The city has maintained the top spot in Zhejiang in terms of highway density, shipping lane density, and mileage from 2016 to 2020.
The cargo throughput of both Jiaxing Port and Jiaxing inland ports exceeded 100 million metric tons, while Jiaxing Port was shortlisted among the top 100 container ports in the world during the same period.
Jiaxing completed 19.43 billion yuan of investment in transportation last year, a year-on-year increase of 17.69 percent.