2015 Railway Construction Two-way Attack on Railway Infrastructure Industry Continuation

Industry Intelligence:

For the Chinese railway sector, 2015 will still be a beautiful year.

On January 29th, the annual work meeting of China Railway Corporation was held in Beijing. Sheng Guangzu, party secretary and general manager of China Railway Corporation, said at the meeting that in 2015, the railway company earnestly implemented the national “Belt and Road” strategy and the “going out” of the railway, focusing on expanding the high-speed railway construction market abroad. Vigorously promote the "going out" of the railway, further enhance the international competitiveness of China's railways, and serve the country's opening to the outside world. From the recent statements and actions of the National Development and Reform Commission, China's domestic railway investment construction is still one of the highlights in 2015. It can be expected that under the “double insurance” at home and abroad, the railway sector will remain bright in 2015.

In 2014, the railway construction task was completed.

In 2014, the national railway construction has three major objectives, namely, 800 billion yuan of fixed assets investment in the national railway, 7,000 kilometers of new line production, and 64 new construction projects. All three major objectives have been completed.

“In 2014, the national railway achieved a safe year, eliminated the railway traffic accidents with greater responsibility and above, and created the best safety achievements in history. The railway construction achieved new achievements, completed construction investment of 808.8 billion yuan; the new line put into operation 8427 kilometers, It has a record high. China's railway operating mileage has reached 112,000 kilometers, including 16,000 kilometers of high-speed rail. The passenger and cargo transportation reform has made important breakthroughs. The number of passengers sent is 232 million, an increase of 12%. It has increased by more than 10% for two consecutive years. Adapting to the characteristics of the development of the logistics market, the freight organization has intensified the reform. The enterprise reform has been further promoted, the system construction and mechanism innovation have made important progress, and the enterprise development vitality has been significantly enhanced." Sheng Guangzu said.

According to the reporter's understanding, in 2014, the proportion of the annual plan for the completion of the national railway fixed asset investment was the best in recent years. At the same time, the newly started project was successfully implemented. In 2014, 66 projects including the E-Harb Railway, Huai Shaoheng Railway, Hanghuang Railway, and Sichuan-Tibet Railway Chengdu-Ya'an Section have all completed the bidding and started construction, exceeding the average number of newly started projects in the “Twelfth Five-Year Plan”. One. Moreover, in 2014, the national railway new production task was completed on schedule. By the end of 2014, a number of new railway lines, such as the Largo Railway, the Shanghai-Kunming High-speed Railway Changhuai Section, the Guiguang High-speed Railway, the Lanxin High-speed Railway and the Nanguang High-speed Railway, were completed and put into operation. The new line was put into operation at 8427 kilometers. According to the reporter's understanding, as of the end of 2014, the mileage of the Central and Western Railways reached 70,000 kilometers, accounting for 62.3% of the total mileage of the country's railway operations.

In 2015, the railway construction will be repaired both internally and externally.

Sheng Guangzu stressed that in 2015, the railway headquarters should take the initiative to adapt to the new normal of economic development, strengthen the organization and management of railway construction, and ensure the completion of the "12th Five-Year" railway construction tasks.

"With the focus on railway construction in the central and western regions, we will do a good job in railway construction, ensure the completion of the annual construction tasks. Deepen the reform of the railway investment and financing system, increase the implementation of railway construction and organization, improve the construction management level, and ensure the safety of railway construction." Orderly and efficient advancement," he said.

Sheng Guangzu pointed out that in 2015, China Railway Corporation should conscientiously implement the national “Belt and Road” strategy and the “going out” deployment of the railway, focusing on expanding the foreign high-speed railway construction market and vigorously promoting the “going out” of the railway.

Specific practices include: “Accelerating the formation of coordination mechanisms at the enterprise level, strengthening ties with related enterprises, accelerating the formation of railways involving railway survey and design, construction, equipment manufacturing, communication signals, etc.” “Going out” and sharing information and work between enterprises. Coordination mechanism, as well as speeding up the formation of international companies and project management agencies, building a cooperation platform at the enterprise level, and forming business capabilities as soon as possible," Sheng Guangzu said.

In addition, in 2015, China Railway Corporation will also intensify efforts to build overseas railway projects, that is, to promote the interconnection and construction of railways with neighboring countries. In the near future, we will focus on the Zhonglao and Zhongtai railway projects and actively carry out related work. Actively promote the Hungarian Railway, Russia's Moscow-Kazan high-speed rail, Tanzania-Zambia railway and other projects, and complete the construction targets on schedule.

In addition, Sheng Guangzu revealed that in 2015, China Railway Corporation will accelerate the development of international intermodal business. Specifically, it will integrate the international container transport business of the whole road, strengthen the construction of domestic and international business networks, and build a railway transnational logistics platform.

"We need to organize a medium- and medium-Asian train around the organization, strengthen coordination with railways along the line, smooth and expand international transportation channels, establish a sound price-price bundling mechanism, vigorously develop domestic and overseas return sources, and realize the number of trains. Continued rapid growth, and strive to build the Central European and Central Asian trains into a well-known brand in the international logistics industry." Sheng Guangzu said.

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