publication . Other literature type . Article . Book . 1998

Railway reform in China

Wu, J. H.; Nash, C.;
  • Published: 01 Mar 1998
  • Publisher: Informa UK Limited
  • Country: United Kingdom
Abstract
The purpose of this paper is to consider the current situation of Chinese Railways (CR), the progress of reforms to date, and possible future developments. The first section describes the current problems of CR as a vast organization subject to strong central control, facing enormous and rapidly growing demands which it is unable to satisfy. Comparisons are drawn between CR and those of India, Japan, North America and Western Europe. The progress of reform in CR to date, and in particular the Economic Contract Responsibility System instituted in the late 1980s and the development of joint venture companies to build new lines, are then described. In the following...
Subjects
free text keywords: China, Vertical integration, Deregulation, Business sector, Joint venture, Operations management, Competitor analysis, Economics

4.1 WHATCAN WE LEARNPROM INTERNATIONAL RAILWAY REFORM?...................................................................13 4.2 OP~IONFSOR C K S REFORM........................................................................................................................ 14 4.2.1 DOES OWNWSHIMPAT~ERT?HEOWNWSHIP OPTIONSFOR CR'S REFORM ............................................ 14 4.2.2WHAT'STHE ROLEOF COMPETITION IN CR'S FUTUREREFORM? ...............................................................14 4.2.3SHOULDCHWESERAILWAYS BE SPLITUP? ...................................................................................................15 (iii) Vertical separation.............................................................................................................................I..6 4.2.4REGULATORY REGIME.THE RELATIONSHIPBETWEENGO- AND RAILWAY ................................... 17 INTRODUCTION TO CHINESE RAILWAYS (CR) ZHAO, H.P., WU,J.H., ZEW, J.H. and WU, W.P. (1997) " The Present Status and Future Prospects of Rail Passenger Transport in China", Presented to the Fif& International Conference on Competition and Ownership in Land Passenger Transport, Leeds, UK.

Main source: Adapted from John Kay, Colin Mayer and David Thompon, 1986 (Ed), Privatisation and Regulation--the UK Experience.

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publication . Other literature type . Article . Book . 1998

Railway reform in China

Wu, J. H.; Nash, C.;