China has released a series of policies to help transport entrepreneur overcome difficulties, such as carrying out tax, renting and insurance cuts and reliefs, granting subsidies for smaller businesses, offering loans and insurance, and reducing traffic restrictions through accurate pandemic control.

The ministry will guide local authorities to implement tax cuts and rebate policies for transport entrepreneur, help with their business transformations, and continue to optimize the business environment, Xu said.

In terms of expanding transport investment, efforts will be made to advance key projects in the national comprehensive transport network and promote the deep integration of new technologies -- such as big data, artificial intelligence and blockchain

The ministry will cooperate resources and capital to accelerate the launch of qualified projects while researching new fiscal, taxation and financial systems to better meet the demand of key infrastructure construction projects.