中文FrançaisDeutsch日本語Русский языкEspañolعربيEsperanto한국어BIG5
CHINA DEVELOPMENT GATEWAY
SiteMap Feedback
Travel Living in China Archaeology Film Learning Chinese Chinatown Suppliers
Home China International Business Government Education Environment Culture Women Books & Magazines Sports Health Entertainment
Tools: Save | Print | E-mail | Most Read
Funding Options Discussed
Adjust font size:  ZoomIn ZoomOut

China must reform its rail financing system and further diversify funding sources to close the capital gap for railway construction, economists and industry professionals said yesterday.

Traditional funding sources including government and bank loans have left a capital shortage of 150 billion yuan (US$19.4 billion) for railway tracks to be built before 2010, they said, urging the government to take advantage of alternative sources such as project finance, debt and equity capital markets as well as foreign funds.

The country plans to extend its railway network to about 100,000 km, by 2020 to enable transport capacity to meet the demands generated by economic and social development.

The United States has the world's longest rail network, stretching some 280,000 km.

However, to reach its target, the government needs to spend 2 trillion yuan, and it is currently about 1 trillion yuan short.

Cao Yuanzheng, chief economist at the Bank of China International, said during a statement to the China Rail Financing Summit in Shanghai yesterday: "Despite the progress made to attract capital through other channels, government investment and bank loans are still the predominant sources of funding for the line's construction."

He said the rail system, which is still highly controlled by the State, was troubled by the lack of a clear line between the roles of the government and enterprise, unclear property ownership and a scarcity of up-to-date experiences in corporate development and management.

(China Daily April 18, 2007)

Tools: Save | Print | E-mail | Most Read

Related Stories

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 亚洲一本之道高清乱码| 岛国大片免费在线观看| 亚洲欧美日韩高清综合678| 黄色网址免费大全| 国产精品自在拍一区二区不卡| 中国日本欧美韩国18| 日本精品卡一卡2卡三卡| 亚洲一区二区三区久久| 欧美激情观看一区二区久久| 体育男生吃武警大雕video| 红色一片免费高清影视| 国产专区中文字幕| 韩国高清在线观看| 国产极品视觉盛宴| 福利视频757| 国产精品扒开腿做爽爽爽视频| 99久久精品国产一区二区三区| 日本护士xxxx黑人巨大| 亚欧免费无码aⅴ在线观看| 欧美国产日本高清不卡| 亚洲日韩国产精品无码av| 美日韩一区二区三区| 国产乱子伦一区二区三区| 麻豆精品一区二区综合av| 国产日韩精品一区二区在线观看| 在线精品91青草国产在线观看| 国产麻豆剧传媒精在线播放| 99国产小视频| 夜来香免费观看视频在线| japanese国产在线观看| 日本暖暖视频在线| 久久精品国产屋| 日韩高清在线播放| 五月婷婷开心综合| 杨钰莹欲乱小说| 亚洲一级片在线观看| 欧美人与动zozo| 亚洲免费视频一区二区三区| 欧美国产人妖另类色视频| 亚洲国产欧美日韩一区二区三区| 欧美日韩国产另类一区二区三区|