China's road infrastructure investment has demonstrated substantial growth from 2013 to 2023, peaking at €651.05 billion. The highest growth rates occurred between 2013 and 2015, with year-on-year increases up to 37.73% and a CAGR of 23.81%. However, growth has decelerated significantly in recent years, with a year-on-year increase of just 1.43% in 2023 and a 5-year CAGR of 3.11%.

Beyond 2023, forecasts indicate a continued slowing in growth, with the 5-year CAGR through 2028 projected at 1.05%, reflecting stable, albeit modest, annual increases. By 2028, the investment is expected to reach €695.47 billion.

Future trends to watch for:

Potential policy shifts impacting infrastructure funding and prioritization.
Technological advancements optimizing construction efficiencies and costs.
Impact of economic and demographic shifts on infrastructure needs and resources.