China's fixed-asset investment expanded by 5.1 percent year-on-year in the first quarter of the year, the same as the full year of 2022 and down from 5.5 percent in the first two months of this year, the National Bureau of Statistics said on Tuesday.
Transportation infrastructure construction has maintained a high level of operation in China in recent years, especially amid COVID headwinds, which has proved to be key in stabilizing the economy in the short term and will better serve the country's major strategies, economic and social development and people's livelihood over the medium and long term, experts said.