Book

China's High-Speed Rail Development

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collection.link.313
https://openknowledge.worldbank.org/handle/10986/29311
collection.name.313
International Development in Focus
dc.contributor.author
Lawrence, Martha
dc.contributor.author
Bullock, Richard
dc.contributor.author
Liu, Ziming
dc.date.accessioned
2019-06-06T16:03:46Z
dc.date.available
2019-06-06T16:03:46Z
dc.date.issued
2019-06-06
dc.description.abstract
Over the past decade, China has built 25,000 km of dedicated high-speed 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.
en
dc.identifier
http://documents.worldbank.org/curated/en/933411559841476316/Chinas-High-Speed-Rail-Development
dc.identifier.isbn
978-1-4648-1425-9
dc.identifier.uri
http://hdl.handle.net/10986/31801
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
International Development in Focus;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
HIGH SPEED RAIL
dc.subject
GROWTH
dc.subject
MARKETS
dc.subject
SERVICE DESIGN
dc.subject
SAFETY
dc.subject
CONSTRUCTION
dc.subject
PLANNING
dc.subject
FINANCE
dc.subject
TRAFFIC
dc.subject
RAIL
dc.subject
RAIL DEVELOPMENT
dc.subject
TRANSPORT
dc.subject
GREENHOUSE GAS EMISSIONS
dc.subject
URBAN DEVELOPMENT
dc.subject
TOURISM
dc.title
China's High-Speed Rail Development
en
dc.type
Book
en
okr.date.disclosure
2019-06-06
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1425-9
okr.identifier.internaldocumentum
211425
okr.identifier.report
137512
okr.imported
true
en
okr.language.supported
en
okr.region.administrative
East Asia and Pacific
okr.region.country
China
okr.topic
Transport :: Railways
okr.topic
Transport :: Transport Economics Policy and Planning
okr.topic
Infrastructure Economics and Finance :: Infrastructure Finance
okr.topic
Urban Development :: Transport in Urban Areas
okr.topic
Urban Development :: Urban Economic Development
okr.unit
GTR10

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