In 2023, the length of first-class highways in China stood at 13.91 ten thousand kilometers. Based on the forecasted data from 2024 onwards, the trend shows a consistent increase each year with lengths reaching 16.59 ten thousand kilometers by 2028. The year-on-year growth rates are as follows: 3.9% from 2024 to 2025, 3.6% from 2025 to 2026, 3.4% from 2026 to 2027, and 3.3% from 2027 to 2028. The compound annual growth rate over the five-year period from 2024 to 2028 is projected to be approximately 3.55%.
Future trends to watch for include:
- Technological advancements in highway construction and maintenance.
- Increased investment in infrastructure to support economic growth.
- Potential regulatory changes affecting transportation development.
- Impact of environmental concerns and sustainable practices in highway projects.