综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Reorganized railways an engine for reform

By Xu Wei | China Daily | Updated: 2013-04-11 07:44

The commercial enterprise also inherited the ministry's massive debts.

According to authorities, China Railway Corporation was launched with a registered capital of 1.03 trillion yuan ($166.3 billion). Yet at the last count, the ministry was estimated to be 2.60 trillion yuan in the red, mostly built up since 2008 from the large-scale high-speed rail projects.

Investment previously came from bank loans and through issuing bonds; although there now appears to be a consensus among experts that there should be greater diversity in the sources of funding.

The debate over whether to allow private capital investment in rail projects was ongoing before the announcement to dismantle the ministry. In January, the topic was high on the agenda at a work conference in Beijing.

Sheng Guangzu, railways minister at the time but now general manager of China Railway Corporation, told the conference a national fund may be set up to encourage private investment in high-speed projects and to ease the financial burden. He said local governments and State-owned and private enterprises will be encouraged to participate in construction.

It is not certain whether that plan is still in progress after the ministry's separation, but experts say funding solutions need to be found, and found quickly.

For Liu Shijin, deputy director of the State Council's Development Research Center, the key test of whether the reform is a success will be if private investors have access, and are willing to get involved.

The railways "need money and the private sector has a large amount of it that is awaiting approval to enter," he said in a speech at an economic forum in Guangzhou on March 31. "The main problem the reform should solve," he added, "is allowing funding from outside (government channels) and establishing a clear business and governance structure, one that protects the interests of investors."

Again, there are those who urge caution, such as Zhang at the Comprehensive Transport Institute. "We do need to shift funding away from bank loans and State subsidies," he said, but authorities must "carefully consider the national interests involved."

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
衡水市| 满城县| 建昌县| 贵州省| 长白| 九龙县| 长乐市| 苗栗县| 义马市| 牙克石市| 惠东县| 嫩江县| 德庆县| 岳普湖县| 南漳县| 子长县| 石首市| 布尔津县| 阜新市| 宁明县| 南郑县| 利辛县| 平乐县| 峨边| 正蓝旗| 嘉禾县| 蒲城县| 喀喇沁旗| 林西县| 汪清县| 乌海市| 安国市| 榕江县| 江川县| 祁阳县| 司法| 寿宁县| 余庆县| 奈曼旗| 宁都县| 三都|