Chinese Railways: Reform and Efficiency Improvement Opportunities (Contributions to Economics) | 
 enlarge | Author: Katrin Luger
Publisher: Physica-Verlag Heidelberg
Category: Book
List Price: $129.00
Buy New: $121.79
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Sales Rank: 2966894
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 327
Shipping Weight (lbs): 1.3
Dimensions (in): 9.3 x 6.1 x 1.1
ISBN: 3790820016
Dewey Decimal Number: 338
EAN: 9783790820010
ASIN: 3790820016
Publication Date: April 1, 2008
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Product Description
Although being huge by any measure, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. A comprehensive reform and efficiency improvement program needs to be developed in order to enable Chinese Railways to support further GDP growth in China. Application of industrial economics to the case of Chinese Railways suggests that moderate deregulation of e.g., the freight business could make Chinese Railways fit for future growth. Operational improvements need to complement this development, such as a redesign of the schedule or the introduction of value added services in the freight business. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.
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