Press Release Summary = To make a mark in the transportation industry, Chinese railway sector is planning to undergo some major changes, from expansion of network to developing intercity passenger transportation system, the improvement is on the track.
Press Release Body = To build a prosperous society, Chinese railway network requires size expansion, best structure, and quality improvement, so that it can widen its transport capacity and provide all the facilities to the network rapidly.
Chief economist of the Ministry of Railway Huang Min informed that by 2020, the Chinese railways' operating-mileage would touch 100,000 km mark. China rail transportation will undergo segmentation by separating Cargo- transport from passenger transport in artery lines, double-track of artery lines' will be electrified; electrification and double-track rates will rise by 50%; quality and transport capacity are to fulfill demands of social development and national economy; the chief technical equipment will approach or reach the advance level of international standards..
To achieve the aim of developed railway network, plans to expand railway network is required. Separation of goods and passengers transport in occupied trunk lines is also required. Plans to develop intercity passenger transportation system in affluent areas and improving the railway network quality are also in pipeline.
"China Transportation Sector Analysis (2006-2007)", a research report by RNCOS, states that freight carried by Chinese railway last year was 2.686 billion tons, 8.2% above compared to 2.682 billion tons in 2004.
The research also highlights the other relevant issues and facts related to the success of China's transportation industry, like:
- Future possibilities in the China transport industry - Competitors for China's transportation industry - Challenges and the opportunities in the China transport Industry - Driving force for the transport industry in China - Major hurdles in the China's transportation . "China Transportation Sector Analysis (2006-2007)" provides an extensive research and objective analysis of the transport sector in China. Clients can take full advantage of this report as it helps them to analyze the future success of transport sector in China. Also, this report provides the detailed data and analysis to potential investors to navigate through the evolving market opportunities in China's transportation industry.
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