Reviewing China’s High-speed Railway Project
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Published:
Jul 5, 2021
Keywords:
China, Ministry of Railway, High Speed Railway Development, Belt and Road Initiative
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Abstract
The objective of this paper is to study the experience of Chinese governments in planning and developing high speed railway technology since the middle of 1990’s. Lessons learnt from this case will be useful for potential newcomers, including Laos, Myanmar, Vietnam and Thailand, in developing this kind of technology. The paper considers the policy relevant to the high-speed railway technology in 3 aspects: selecting a track form, developing high-speed locomotives and managing the railway business. In the case of China, the Ministry of Railways had achieved the first and the second aspects before 2008, but it totally failed to make the high-speed railway business profitable. As a result, the MOR was dissolved in March 2013. The new privatized railway corporations were assigned to deal with this third aspect of high-speed railway development policy with the newly-proposed Belt and Road Initiative. The study found that the PRC’s railway reform, focusing more on market-oriented policy, integration with other economic activities and diversification of funding sources, contributed both to the survival of Chinese railway industries and to the realization and legitimization of BRI as well as President Xi’s China’s Dream. With the central government’s initiative and assistance, the high-speed railway sector in China has been gradually improved. This study could help the new comers to be more prudent that they had better take all of these 3 aspects into consideration before planning their high-speed railway projects.
Article Details
How to Cite
Phuttivanich, K. (2021). Reviewing China’s High-speed Railway Project. Political Science Review, 5(1). retrieved from https://so05.tci-thaijo.org/index.php/RatthasatNithet/article/view/175302
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References
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