China’s High-Speed Rail Development (International Development in Focus)
Author
Martha Lawrence, Richard Bullock and Ziming Liu
Specifications
  • ISBN : 9781464814259
  • year : 2019
  • language : English
  • binding : Softcover
Rs 2083
Rs 2450
15% off
Description
Contents: Foreword Acknowledgments About the Authors Abbreviations Executive Summary • Notes • Reference Chapter 1: Growth of High-Speed Rail in China • Rail industry structure • HSR subsector structure • HSR planning • HSR network development • Current network • Highlights • Notes Chapter 2: Service Design • Current service levels • Service frequency, capacity, and market size • Choosing the speed of HSR • Operational management • HSR fare structure • Punctuality and reliability • Combining the HSR and conventional rail networks • Highlights • Notes • Reference Chapter 3: Markets • Traffic growth and density • HSR passenger markets • New traffic • Impact on conventional rail services • Affordability of HSR in China • Highlights • Notes • Reference Chapter 4: Construction • Design standards and construction cost • The HSR supply chain • Project planning, design, and approval • Construction oversight and supervision • Construction management • Incentive mechanisms in HSR project construction • Highlights • Notes • Reference Chapter 5: Testing, Commissioning, and Safety • Completion acceptance of new lines • HSR safety • Infrastructure maintenance • Electric multiple unit maintenance • Highlights Chapter 6: Finance • RA and JV financial performance • Line financial performance • Network financial performance • Financial sustainability of China’s HSR • How to address financing issues • Highlights • Notes Chapter 7: Economics • Capital costs • Operator costs and benefits • User costs and benefits • Greenhouse gas emissions • Road congestion and accidents • HSR and economic development • Urban development • Tourism • Economic rate of return • Highlights • Notes • References Chapter 8: Conclusions Over the past decade, China has built 25,000 km of dedicated highspeed railway–more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.