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Chinese Railways

Reform and Efficiency Improvement Opportunities

  • Authors
  • Katrin Luger

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages I-IX
  2. Foundations

  3. The Macro Perspective on Chinese Railways’ Efficiency: Railway Reform and Deregulation

  4. The Micro Perspective on Chinese Railways’ Efficiency: Improvement of Operational Effectiveness

  5. Conclusions

    1. Front Matter
      Pages 257-257
    2. Pages 259-265
  6. Back Matter
    Pages 267-327

About this book

Introduction

Although being huge by any measure, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. A comprehensive reform and efficiency improvement program needs to be developed in order to enable Chinese Railways to support further GDP growth in China. Application of industrial economics to the case of Chinese Railways suggests that moderate deregulation of e.g., the freight business could make Chinese Railways fit for future growth. Operational improvements need to complement this development, such as a redesign of the schedule or the introduction of value added services in the freight business. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.

Keywords

Benchmarking China Efficiency Railways Reform Transport logistics traffic

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-7908-2002-7
  • Copyright Information Physica-Verlag Heidelberg 2008
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics
  • Print ISBN 978-3-7908-2001-0
  • Online ISBN 978-3-7908-2002-7
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking