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公路运输仍然保持着较高的景气,1-7月公路货运周转量同比增长15.6%。铁路方面,货运周转量和客运周转量同比保持着6.5%和8.8%。在经济波动周期中高速公路和铁路行业相对周期性较弱、稳定的增长较为稳定,而在估值上公路行业的优势更大。
Road transport still maintained a high economic growth. The freight traffic volume of expressways increased by 15.6% from January to July in January-July. In terms of railways, cargo turnover and passenger traffic maintained 6.5% and 8.8% yoy respectively. In the cycle of economic fluctuations, expressways and railways are relatively cyclical with relatively stable growth steady, while the valuation of the highway industry is even more advantageous.