国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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
溧水县| 射洪县| 惠州市| 武鸣县| 万载县| 武强县| 八宿县| 鱼台县| 康平县| 尼玛县| 定陶县| 密山市| 江川县| 崇阳县| 武乡县| 海晏县| 吉水县| 阿合奇县| 武鸣县| 徐汇区| 毕节市| 柳河县| 黄平县| 万全县| 民县| 达孜县| 江源县| 津市市| 临夏县| 五常市| 临沂市| 云南省| 邯郸县| 阜南县| 襄城县| 镇康县| 彰化市| 中阳县| 五大连池市| 和龙市| 新安县|