HomeHome
About usAbout us
PublicationsPublications
Yangtze Business NetworkYangtze Business Network
Business toursBusiness tours
ConferencesConferences
ConferencesConferences
Yangtze KnowledgeYangtze Knowledge
Contact usContact us

 
     

Ministry of Transport

The Ministry of Transport was one of six super ministries created in March 2008 by the National People’s Congress. Covering road, air and water transport, the new entity brought together under one department the former Ministry of Communications, Civil Aviation Administration and State Postal Bureau.

Rail transport is still administered by the separate Ministry of Railways but, even so, the consolidation was welcomed by many logistics professionals as a major step in the right direction. It will lead to a more streamlined organisation and facilitate better management of the different modes of transport, thus enabling China to drive down its notoriously high logistics costs.

In late 2008, the Ministry announced its plan to increase its spending by 25 per cent to Rmb1,000bn in 2009. Nearly half of this amount will be used to build highways, while Rmb200bn will be spent on building tarmac (cement) roads in rural areas. A total of Rmb70bn has been allocated to modernise ports and Rmb20bn to inland waterways, the largest of which is the Yangtze.

This investment is part of a co-ordinated campaign among the world’s leading economies to halt the economic downturn. Earlier in November, China unveiled a Rmb4,000bn stimulus package designed to bolster domestic demand and economic growth, with Rmb100bn earmarked for various infrastructure projects for the fourth quarter of 2008 alone.

Ministry of Transport
11 Jianguomennai Dajie
Dongcheng District
Beijing 100736
Tel: +86 (0)10 6529 2114
Fax: +86 (0)10 6529 2345
Website (Chinese version): www.moc.gov.cn

     
Copyright © Yangtze Business Services 2018           Tel: +44 (0)20 8874 3217  info@YangtzeBusinessServices.com


Website by HOL