China’s bullet trains facilitate market integration and mitigate the cost of megacity growth
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MeshFree
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Do you really know Europe? Your claim is really ridiculous.
Travel by train in Europe is not cheap, and is not fast, believe me.
And please bear in mind, HSR is not for short distance transportation. It is not subway. You don't use it to go to work, or have you hair cut. It is basically an alternatives of airplane, but much cheaper. Think about it, you don't take airplane to go to work or have your haircut.
sweetgrape
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Sorry, have to say, your opinion is very inflexible:
1. Meeting different need: Road, rail and plane are diffenent, the price of their ticket also different, their customer group also different, but not be desperated, single transportation way can't meet different need, the man always chosing high-speed and plane, and need traveling are rich, and for them time is money.
2. Major benefit from High-speed: For normal people, they also can benifit from High-speed rain, during spring festival, too much people, Road is too expensive(even more expensive than high speed, and much slower), the ticket of normal rail is limited, can't meet the need, the relative rich and the one that can't buy the ticket, they can choose High speed rail, and because of competition, Road bus and Air plane also will influence, price of ticket down, more people can afford it, and rich choose air plane and High speed rail, more relative poor man can get the ticket for normal rail(Of course you may say, why build more normal rail, yeah, but at ordinary time, that's waste, for rail company, it mean loss), High-speed can carried more passager than air, faster than normal rail, and at ordinary time, also can save the relative rich people, also can make money with low attandance(higher than normal rail);
3.Highspeed rail is trying to improve living condition of majority, also the need for majority of Chinese:High-speed rail also the need for improving living condition of Chinese, While more chinese be rich, we need more faster and efficient vehicle, but we are not that rich as western, its advantage let it be our choice, we have go home by bus and normal rail too long, now we can choose High-speed rail, maybe now, we just can enjoy one or two, at least we can afford it, then more times, and more people can.
4.It is just the phase to upgrade: Before raining, you must repair you house, you can't waiting all or major of chinese can afford High-speed rail, then you build, now, we build high-speed rail, we also build normal rail, but may you find that, more High-speed rail is in the relatively rich area? in there, more people can afford it. one day high-speed rail will replacing normal, why can't start doing this, will save more money for further.
5.Industry benefit from High-speed rail:it is good for upgrading industry, more people can earn money, and more money, in turn, more people can affod high-speed rail, and industry upgrading also let you more competitive, don't be worried closed factory, worker don't laid off, quality of worker also be up.
And else
In your eyes, the beneficiary mean these people that can afford High-speed rail now, but for me, the beneficiary mean all people can benefit from High-speed rail directly or indirectly, not only the current people, also include our offspring.
Last, USA, European, they don't build too much High-speed rail, not only they are not big than China(Europe), don't have huge population like China, they are rich, have own car, they are richer than China, can choose plane, they can build plane, and earn money from it.
Vietnam is different from China, USA and Europe too, that's our choosing, your opinion different with Chinese, so you are not Chinese, you are vietnamese.
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cirr
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At 120-200km/h，they are several times faster than trains in Vietnam but not fast enough for us Chinese。
Well you are not Chinese living in China. you are a vietnamese living in vietnam. So why does this concern you? 600million rmb is a lot for vietnamese, but that's like a multi millionaire comparing themselve to a multi billionaire.
tranquilium
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I live in US. 130-200km is equivalent to 80 to 125 miles. Save for a VERY small number of individuals who have absolutely no choice, no one in their right mind would drive that much just to get to work. Typical work travel distance in US is about 16 miles or 25km and the amount is smaller in cities because things are more concentrated.
Of course HSR is good for improving the living conditions of the Chinese people. With HSR, not only are people traveling faster, many parts of the country, especially the central provinces begin to see way more economic opportunities. This allows the economy at a national level.
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sweetgrape
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The high-speed rain was funded from Chinese "private" money, not Vietnamese money, so you must have no idea, China will use its money best.
tranquilium
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Large national level infrastructures simply can't be funded by private corporations for two reasons:
1. Even the richest corporation does not have the money to fund a project at this level. According to Forbes' 2013 largest companies, the biggest company in the world is Royal Dutch Shell with a net worth of $213.14 billion. This is equivalent to about 1200km of high speed rail. If you only counting the liquid asset, the amount will shrink a small fracture of that. In comparison, the Chinese national (including investment into infrastructures) spending alone in 2012 is more than $2 trillion. Basically, private corps simply can't compare with what a determined socialist country can do.
2. There is no motivation for them to fund it. National infrastructure often have a length investment return time and many of the return are in fact in the form of society advancement instead of tangible profit. Take the US and Chinese power grid, for example, the state funded Chinese power grid was able to rapidly expand because the center government was able to throw astronomical amount of cash into its expansion. The center government chose to do this because expanding power grid allows the entire Chinese society to advance due to better availability of electricity. In comparison, the US power grid has really expand at all since its privatization and the electricity cost more than tripled in the process. Many of the infrastructure in place are also getting very old with no fund and motivation for replacement.
BoQ77
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good luck !!!
And you should not post the information of that project in this forum !!!
sweetgrape
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Sorry, It is not for your vietnamese.
BoQ77
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Hmm ... it's not good for you, it's good for top leader's pocket !!!
You did not create this thread, sweetapple ...
President of China Railway Group commits suicide - reports
PUBLISHED : Monday, 06 January, 2014, 10:45am
UPDATED : Monday, 06 January, 2014, 4:45pm
Raymond Li in Beijing
raymond.li@scmp.com
Bai Zhongren, the president of China Railway Group, a state-owned engineering giant behind many of the country's largest railway projects, jumped to his death over the weekend, Chinese media reported on Monday.
China Railway Group, which is listed on both the Hong Kong and Shanghai stock exchanges, said in a short statement on Sunday that Bai died of "an accident", but did not give any details surrounding his death.
The operation of the company remains normal and its chairman will assume the responsibilities of the president until a new appointment to replace Bai, according to the statement.
The 53-year-old executive jumped to his death after suffering from depression in recent years, reported China Business News, a Shanghai-based business newspaper, citing Bai's family members.
Economic Information, a newspaper published by the official Xinhua News Agency, quoted a colleague as saying that part of the cause of Bai's depression might be the heavy debts that his company has run up. Wang Mengshu, one of the country's top railway engineers, said that Bai had been under intense pressure as some branches of the group ran into problems paying their workers' wages at the end of last year.
By the end of October, 2013, China Railways Group had total assets worth 626.5 billion yuan, and total outstanding debts of 531.9 billion yuan, with a debt-to-asset ratio of almost 85 per cent, according to the company's Q3 filings.
Bai’s suicide came as Chinese courts are about to hand down verdicts for Zhang Shuguang, a former deputy chief engineer of the now-defunct Ministry and of Railways, and Ding Shumiao, a businesswoman with close tie with disgraced former railway minister Liu Zhijun.
Zhang was charged in September in 2013 for taking in 47 million yuan in bribes and Ding went on trial late that month for bribery linked to railway projects worth more than 185 billion yuan.
China’s former railway minister, Liu Zhijun was given a suspended death sentence in July 2013 for abuse of power and taking bribes as the Communist Party scrambled to rein in rampant corruption within the railway industry during the debt-fueled high-speed rail construction boom in the last decade.
Bai is among several senior railway officials and executives who have committed suicide since corruption scandals implicating the senior railway officials began to come to light three years ago. However, there have been no direct links between China Railway Group and the corruption cases.
You did not create this thread, sweetapple ...
President of China Railway Group commits suicide - reports
PUBLISHED : Monday, 06 January, 2014, 10:45am
UPDATED : Monday, 06 January, 2014, 4:45pm
Raymond Li in Beijing
raymond.li@scmp.com
Bai Zhongren, the president of China Railway Group, a state-owned engineering giant behind many of the country's largest railway projects, jumped to his death over the weekend, Chinese media reported on Monday.
China Railway Group, which is listed on both the Hong Kong and Shanghai stock exchanges, said in a short statement on Sunday that Bai died of "an accident", but did not give any details surrounding his death.
The operation of the company remains normal and its chairman will assume the responsibilities of the president until a new appointment to replace Bai, according to the statement.
The 53-year-old executive jumped to his death after suffering from depression in recent years, reported China Business News, a Shanghai-based business newspaper, citing Bai's family members.
Economic Information, a newspaper published by the official Xinhua News Agency, quoted a colleague as saying that part of the cause of Bai's depression might be the heavy debts that his company has run up. Wang Mengshu, one of the country's top railway engineers, said that Bai had been under intense pressure as some branches of the group ran into problems paying their workers' wages at the end of last year.
By the end of October, 2013, China Railways Group had total assets worth 626.5 billion yuan, and total outstanding debts of 531.9 billion yuan, with a debt-to-asset ratio of almost 85 per cent, according to the company's Q3 filings.
Bai’s suicide came as Chinese courts are about to hand down verdicts for Zhang Shuguang, a former deputy chief engineer of the now-defunct Ministry and of Railways, and Ding Shumiao, a businesswoman with close tie with disgraced former railway minister Liu Zhijun.
Zhang was charged in September in 2013 for taking in 47 million yuan in bribes and Ding went on trial late that month for bribery linked to railway projects worth more than 185 billion yuan.
China’s former railway minister, Liu Zhijun was given a suspended death sentence in July 2013 for abuse of power and taking bribes as the Communist Party scrambled to rein in rampant corruption within the railway industry during the debt-fueled high-speed rail construction boom in the last decade.
Bai is among several senior railway officials and executives who have committed suicide since corruption scandals implicating the senior railway officials began to come to light three years ago. However, there have been no direct links between China Railway Group and the corruption cases.
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BoQ77
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China lawyers 'told not to take rail crash cases'
AFP
Saturday, Jul 30, 2011
BEIJING - Legal authorities in China ordered lawyers not to take on cases from the families of victims of last weekend’s fatal train crash, it emerged Saturday, as judicial officials apologised for the move.
Three days after the crash near Wenzhou in eastern China, law firms in the city received an “urgent statement” in the names of the Wenzhou Judicial Bureau and the Wenzhou Lawyers’ Association, the official Xinhua news agency said Saturday.
The statement said lawyers should report to the two organisations “immediately after the injured passengers and families of the deceased in the accident come for legal help,” the agency reported.
Xinhua said the statement also told lawyers not to “unauthorisedly respond and handle the cases,” because “the accident is a major sensitive issue concerning social stability”.
Forty people were killed when two high-speed trains collided last Saturday on the outskirts of Wenzhou, the worst accident yet to hit China’s rapidly expanding high-speed network.
There has been widespread criticism of the government’s handling of the accident and its aftermath in Chinese media and online, and the instructions to lawyers prompted an angry response when they were publicised by web users.
“The judicial authorities and the lawyers’ association in Wenzhou have banned lawyers from taking victims’ cases. Who are they working for? I’m having doubts about the independence of Chinese justice,” wrote one web user, Dianfuzishangwudeguairen, on the Sina microblog service.
The Wenzhou Judicial Bureau apologised for the statement, which it said the lawyers’ group had issued without its approval.
“We didn’t know the content of the statement before it was released. It was written by the lawyers’ association, which used our name without authorisation,” Liu Xianping, director of the bureau’s office, said in remarks quoted by Xinhua.
A Wenzhou Lawyers’ Association spokesman confirmed this version of events, Xinhua said, adding they issued the order because they feared “conflicts would be generated if legal services are not well-provided”.
Chinese Premier Wen Jiabao has ordered an “open and transparent” probe into the crash and said those responsible would be “severely punished”.
- See more at: China lawyers 'told not to take rail crash cases'
AFP
Saturday, Jul 30, 2011
BEIJING - Legal authorities in China ordered lawyers not to take on cases from the families of victims of last weekend’s fatal train crash, it emerged Saturday, as judicial officials apologised for the move.
Three days after the crash near Wenzhou in eastern China, law firms in the city received an “urgent statement” in the names of the Wenzhou Judicial Bureau and the Wenzhou Lawyers’ Association, the official Xinhua news agency said Saturday.
The statement said lawyers should report to the two organisations “immediately after the injured passengers and families of the deceased in the accident come for legal help,” the agency reported.
Xinhua said the statement also told lawyers not to “unauthorisedly respond and handle the cases,” because “the accident is a major sensitive issue concerning social stability”.
Forty people were killed when two high-speed trains collided last Saturday on the outskirts of Wenzhou, the worst accident yet to hit China’s rapidly expanding high-speed network.
There has been widespread criticism of the government’s handling of the accident and its aftermath in Chinese media and online, and the instructions to lawyers prompted an angry response when they were publicised by web users.
“The judicial authorities and the lawyers’ association in Wenzhou have banned lawyers from taking victims’ cases. Who are they working for? I’m having doubts about the independence of Chinese justice,” wrote one web user, Dianfuzishangwudeguairen, on the Sina microblog service.
The Wenzhou Judicial Bureau apologised for the statement, which it said the lawyers’ group had issued without its approval.
“We didn’t know the content of the statement before it was released. It was written by the lawyers’ association, which used our name without authorisation,” Liu Xianping, director of the bureau’s office, said in remarks quoted by Xinhua.
A Wenzhou Lawyers’ Association spokesman confirmed this version of events, Xinhua said, adding they issued the order because they feared “conflicts would be generated if legal services are not well-provided”.
Chinese Premier Wen Jiabao has ordered an “open and transparent” probe into the crash and said those responsible would be “severely punished”.
- See more at: China lawyers 'told not to take rail crash cases'
BoQ77
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Chinese rail crash scandal: 'official steals $2.8 billion'
A former senior official in China's Railway ministry was has been accused of funnelling $2.8 billion (£1.7 billion) into his offshore bank account.
The country's railways have come under renewed scrutiny after a collision between two bullet trains killed at least 40 people and injured 210 more at the end of last month Photo: GETTY
By Malcolm Moore, Shanghai
12:15PM BST 01 Aug 2011
Zhang Shuguang, the former deputy chief engineer of China's railways, was detained in February on suspicion of corruption. His boss, Liu Zhijun, the Railways minister, was also arrested at the same time.
China Central Television, the state broadcaster, appeared to confirm rumours about the enormous sums that had been stolen. In a report on the Sina Weibo website, that was quickly deleted by censors, CCTV said Mr Zhang had $2.8 billion in his overseas accounts and that Mr Liu had taken up to 1 billion yuan (£95 million) in bribes.
The figures had been circulating previously on China's rumour mill, but the report by CCTV appeared to be an official confirmation.
The cull at the top of the Railways ministry raised questions about the safety of China's high-speed rail project, and whether corrupt officials had stolen from its construction budget.
The country's railways have come under renewed scrutiny after a collision between two bullet trains killed at least 40 people and injured 210 more at the end of last month.
Mr Zhang and Mr Liu were said to be the "founders" of China's high-speed rail and Mr Liu was nicknamed "Great Leap Liu" for his ambitious rail expansion plans. At least five former senior officials at the Railways ministry are now under investigation for corruption.
Meanwhile, China has moved to calm public anger over last month's rail crash by imposing a blanket censorship on all media reports that are not "positive". The decision to muzzle the media came after a remarkable storm of criticism, even from official Party newspapers, about the crash.
The People's Daily newspaper, the mouthpiece of the Party, even went as far as to say that China should not chase "Bloody GDP", the pursuit of economic prosperity above people's safety.
A former senior official in China's Railway ministry was has been accused of funnelling $2.8 billion (£1.7 billion) into his offshore bank account.
The country's railways have come under renewed scrutiny after a collision between two bullet trains killed at least 40 people and injured 210 more at the end of last month Photo: GETTY
By Malcolm Moore, Shanghai
12:15PM BST 01 Aug 2011
Zhang Shuguang, the former deputy chief engineer of China's railways, was detained in February on suspicion of corruption. His boss, Liu Zhijun, the Railways minister, was also arrested at the same time.
China Central Television, the state broadcaster, appeared to confirm rumours about the enormous sums that had been stolen. In a report on the Sina Weibo website, that was quickly deleted by censors, CCTV said Mr Zhang had $2.8 billion in his overseas accounts and that Mr Liu had taken up to 1 billion yuan (£95 million) in bribes.
The figures had been circulating previously on China's rumour mill, but the report by CCTV appeared to be an official confirmation.
The cull at the top of the Railways ministry raised questions about the safety of China's high-speed rail project, and whether corrupt officials had stolen from its construction budget.
The country's railways have come under renewed scrutiny after a collision between two bullet trains killed at least 40 people and injured 210 more at the end of last month.
Mr Zhang and Mr Liu were said to be the "founders" of China's high-speed rail and Mr Liu was nicknamed "Great Leap Liu" for his ambitious rail expansion plans. At least five former senior officials at the Railways ministry are now under investigation for corruption.
Meanwhile, China has moved to calm public anger over last month's rail crash by imposing a blanket censorship on all media reports that are not "positive". The decision to muzzle the media came after a remarkable storm of criticism, even from official Party newspapers, about the crash.
The People's Daily newspaper, the mouthpiece of the Party, even went as far as to say that China should not chase "Bloody GDP", the pursuit of economic prosperity above people's safety.
sweetgrape
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Oh, normal rail project is clean? officier is corrupt because of the high speed rail?
Yes, I didn't create the thread, but remeber that you too, and the money for building high-speed rail belong Chinese, not your vietname.
Now, you slip to corruption, do you think whether officier is corrupt because the project is high-speed rail? the corrupt officier also put the public money into their pocket, and your officer is clean in the normal rail project in viet?
No high-speed rail have accident, all too, because of accident, you don't use it, I have said, you are Vietnamese, not Chinese, you are not mature as Chinese, that's why you are not Chinese.
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