International Journal of New Developments in Engineering and Society, 2024, 8(5); doi: 10.25236/IJNDES.2024.080514.
Zhaoqi Li
Hohhot Vocational College, Hohhot City, Inner Mongolia Autonomous Region, 010020, China
This paper mainly discusses the trend of railway management reform in China and its influence on railway operation. The paper points out that with the construction and development of high-speed rail network, the gross profit margin of China National Railway Group continues to decline, and the transportation scale and profitability diverge. To this end, the group promoted the joint venture railway reform guided by "classified investment and construction and hierarchical management", realized the concentration of trunk lines to the group, increased local authority in branch railways, intercity railways and other aspects, and optimized the assets of the Group.
China's railway reform; Gross profit margin of China Railway Group; Classification and stratification management; High-speed rail profit and loss; Fare mechanism
Zhaoqi Li. The trend and influence of railway reform in China from the perspective of time and space. International Journal of New Developments in Engineering and Society (2024) Vol.8, Issue 5: 92-97. https://doi.org/10.25236/IJNDES.2024.080514.
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