Chinese Railways’ Status Quo
This chapter will review Chinese Railways’ present situation in terms of regulation, reform, and market opening efforts. Previous market opening efforts will be described, induced both by WTO accession and by internal reform initiatives. Finally, the effects of Chinese Railways’ current regulatory setup on the Chinese logistics sector and the main problems will be described.
KeywordsJoint Venture Railway Company Freight Transportation Railway Construction Rail Freight
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- 22.There is one exception however: In late 2001, Canadian Pacific Railway Co. took a (technically not permitted) 50 per cent stake in Gansu’s first logistics joint venture, worth half a million dollars, which was set up in Lanzhou. The other 50 per cent are held by Lanzhou Railway Administration Container Transportation Co., the Container Transport Center of the Lanzhou Railway Administration Branch, the Container Transport Center of the Yinchuan Railway Administration Branch, and the Container Transport Center of the Xining Railway Administration Branch (USCBC 2002: 23).Google Scholar