Highway tolls have become a common part of daily life for many. However, recent reports from the Ministry of Communications suggest a potential shift in how China's road infrastructure is funded. According to Li Xinghua, deputy director of the Department of Integrated Planning at the ministry, the government is considering increasing fiscal investment to reduce the overall number of toll roads in the future. This could mean that more highways will be built using public funds rather than relying on loans, leading to fewer toll stations, lower fees, and shorter charging periods.
The Ministry of Transport emphasized that as key infrastructure, the long-term goal is for roads to be funded by the government, making them free or more affordable for the public. In the coming years, financial support for road construction is expected to come primarily from taxes such as vehicle purchase tax, fuel tax, maintenance tax, and tire tax. Currently, highway funding relies heavily on loans from local governments and commercial banks, with central government contributions accounting for only about 15% of total investment. The remaining majority comes from bank loans and domestic investments, which has led to a high level of debt for many provincial highway projects.
This shift in funding strategy could significantly ease the financial burden on drivers and improve the efficiency of the national transportation network. As the government explores new ways to finance infrastructure, the focus is gradually moving toward sustainability and accessibility, ensuring that future generations benefit from better-maintained and more affordable roads. (CCTV Economic Information Network)
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