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 / Companies

CRC on track for new management models

By Zhong Nan | China Daily | Updated: 2017-01-05 07:26

CRC on track for new management models

An attendant looks out a train station in Guanling, Guizhou province. Guanlin is one of the stations on the Shanghai-Kunming high-speed railway. [Photo by Zou Hong/China Daily]

China Railway Corp, the world's biggest railway operator by rail length, will carry out a mixed ownership reform this year to explore new management models featuring capital use rather than basic operation, a leading executive said.

Lu Dongfu, general manager of CRC, said the group will focus on eight main tasks. These include developing both high-speed and regular railways, establishing rail development funds and new companies to carry out rail-related businesses, and seeking the listing of its qualified assets on domestic stock markets.

"CRC will work with both private and State-owned companies to form joint ventures to support mixed ownership reform, and will accelerate the pace of asset-backed securitization and equity financing in the railway sector," Lu said.

All the efforts aim to meet China's goal to extend the length of domestic railway network, as well as win more railway projects in the global market. It is critical to deepen investment and financing reform for railway-related businesses, the Ministry of Transport said on Wednesday.

The railway sector has been selected as one of the seven pilot industries for mixed ownership reform of State-owned enterprises this year. Others include the power, energy, civil aviation, telecommunications and defense sectors, according to the National Development and Reform Commission, the nation's top economic regulator.

China's railway network reached 124,000 kilometers by the end of 2016, including more than 22,000 km of high-speed railways.

"The securitization of popular high-speed rail service lines between Beijing and Shanghai or Wuhan and Guangzhou has been talked about many times within CRC and related government branches, and they will be hot candidates to become listed companies once the reforms are deepened," said Wang Qing, a rail transportation researcher at the NDRC.

High-speed rail services between Shanghai and Beijing reported net profits of 6.58 billion yuan ($946 million) in 2015, while the majority of high-speed railway operators continued to struggle to make earnings, data from Beijing-Shanghai High-Speed Railway Co show.

CRC plans to offer more policy support to its local management branches, under the public-private partnership management model to develop land developing programs such as industrial and commercial real estate projects.

 

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
柳林县| 仲巴县| 阜康市| 维西| 陵川县| 泸水县| 米泉市| 花垣县| 乌兰浩特市| 临邑县| 和硕县| 呼伦贝尔市| 景洪市| 清涧县| 大城县| 资源县| 资源县| 枣庄市| 瑞昌市| 公安县| 合肥市| 库尔勒市| 凌源市| 子洲县| 福建省| 石泉县| 绥滨县| 梧州市| 维西| 抚顺县| 花垣县| 山丹县| 二手房| 嘉善县| 民县| 温州市| 孟村| 商丘市| 房产| 平和县| 深州市|