The Bottom Line

Compressed into a high-speed rail construction schedule normal railway system namely required apt reflect ashore if the cooling
Rapid expansion in the lofty steel problems, is caused at the construction of high iron tempo of reflection text / The Ministry of Railways Passenger Group experts say. According to him, over the elapse few years, the compressed schedule has convert the criterion in high-speed rail construction has been completed and high-speed railway projects under construction are basically 4 years to 3 years period of compression,prada chaussures, the compressed 3-year phase to 2 and a half years . Railway is likewise within the system to re-examine high-speed railroad construction sounds. A source close to the Ministry of Railways told journalists, there are numerous people reflect on the Railway. The information from the Ministry of Railways, as of the end of 2010, China has reached current high-speed rail mileage 5149 km, with either line speed, the Chinese high at the starting of 2011 has reached 8358 km railway mileage, mileage of 17,000 km under construction either web size and speed rating, have ranked first in the globe. The adept appraisal, with the high-speed rail construction in recent years, Sturm und Drang, and immediately high-speed rail construction in the capital, aptitude, construction, etc. are some of the problems exposed. China to accomplish modernization of the railway, approximately 200,000 km railway, merely at this stage the construction of high-speed rail scale and speed should be dwindled. funding the construction of high-speed rail should be slowed down. Distressed construction side, determined to use the Chinese New Year holiday time, a good recess. Ha Lining to work, to quit the deepest impression is that LIAO rush period, workers in the depth of the Northeast to work extra than 10 hours a day, periodically up to 20 hours. China Railway Construction Corporation, a manager told the The firm schedule, had to work overtime. Rapid expansion of high-speed rail construction, is a direct result of high-speed rail construction companies in the monetary, personnel, construction, etc., face numerous difficulties. Panel of experts with the Ministry of Railways traveler told the Water Resources and Hydropower Construction Group has been comprised in high-speed rail construction. However, China Railway and China Railway Construction two, railway construction in China is still preoccupying more than 80% mart share. According to its introduction, the Ministry of Railways Passenger nailed standard still creature worked out, at present introduced, so the new allowance estimate of the construction of high-speed rail is still the standard by mutual rail, high-speed rail to construction of units in the pre-construction funds is no ample. Start about to extra high-speed rail project, a direct result of high-speed rail construction company debt treatment. The staff's view, by the China Railway and China Railway Construction-related staff accustomed. China Railway's Bureau of China Railway Group 8, a management staff, the Bureau participated in the 8-iron have been built and opened in Taiyuan traveler line construction, debt-free construction Z13 slab trace construction tenders, the tangible need as funds over 400 million yuan However, pre-funding the Ministry of Railways is only 2.5 billion, more than 1.5 billion funding gap. Taiyuan traveler devoted project department in the building, had to take 8-iron via the Bureau of bank loans and arrears to suppliers of funds, etc., to retain the customary action of funds. The lawful said the Ministry of Railways, agreed in the tender, the project opened to traffic later about a annual clean-up budget, to ensure high-speed railway construction unit to profit. Ministry of Railways in the project and accordingly the process of accommodation, and naturally to the Bureau of iron make up the remaining 8 to 1.5 billion yuan in erection funds, but funds to disburse interest on bank loans no included in Part, the corresponding lend amuse is still Central Fe 8 Bureau of remittance. The management staff, deserving to the mediocre railway construction machinery and equipment tin not be secondhand to construct high-speed rail. In order to purchase the essential high-speed railway construction equipment, China Railway Engineering Bureau's more than 10 billion yuan in loans, and high-speed rail projects can not achieve sufficient profitability, may lead to work hard to sustain. According to For the duration of the latent problems in time, the manager said, . Zhao Jian said that high-speed rail line is completed, subgrade settlement can not exceed 15 mm, he eminent that some domestic high-speed rail line equitable completed and to begin the maintenance and repair. supervision and a number of units of discipline. The 8-iron in the management of Council accustomed that Stone was also special really occurred off the settlement of the accident. Expert Group famous that the Ministry of Railways passenger above,gucci paris, as the current high-speed rail project started construction of more high-speed rail construction stage devise, construction, project management and administrative workers are there enough of emigrant workers is the chief force in the construction of high-speed rail . Lack of personnel has affected the quality of China's high-speed rail construction. The adept remarked that high-speed railway construction to pile up the construction time, notwithstanding the short term without a major quality problems, but the durability of high-speed rail facilities, may be affected. High-speed rail construction in consensus with standard high-speed rail line should be under the project life of 100 years, the life of Ballastless should be 60 years. But according to the new train of shorter duration, have been completed and chapter of the life of high-speed rail facilities, maybe merely two alternatively three decades - high-speed railway construction need Preliminarily decided the draft Support the agenda deem that the history of China railway investment in debt too, the railway construction should seize the opportunity to strive because Some experts do not coincide with this investment. National Development and Reform Commission adviser of the Institute of Comprehensive Transportation Guo Bei that the The investment should decline. Guo Bei cause is that the Later due to financial crisis, the state suddenly additional its investment in railway construction, and basic elimination of elements as the financial crisis, railway investment should return to normal levels. Public information, 2007, 2008, the railway capital investment were 177.2 billion yuan and 337.6 billion yuan. The end of 2008, in response to financial crisis, the state 4 trillion yuan for investment to activate economic evolution, capital construction investment in 2009 the railway reached 600.6 billion yuan, 2010, reached its pinnacle in the 709.1 billion yuan. According to statistics of the Ministry of Railways, Guo Bei that, in agreement with the blueprinting objectives, to 2012, the aggregate mileage of China's high-speed railway will approach 13,sac gucci soldes,000 km, the basic completion of the Has been started in order to ensure the After 2013, it should deduct from high-speed rail construction, fashionable construction postponed and diluted high-speed rail project. At the same time under the circumstances,bijoux tiffany, to maintain or adapt the existing mediocre railway construction projects. Institute of Geographic Sciences and Natural Resources Research Land Boulevard hold the same view. Land Avenue, led by the prose, was completed in August 2010 The high proportion of normal, progressive perfected transport infrastructure construction will result in excess capability. Land Boulevard Proposal Land Boulevard to accept the . Financing test appending, the Statistics show that the current railway construction funds from debt financing and equity financing and, two major parts. Debt of the financing include: railway bonds, short-term financing bonds, medium-term notes and bank loans; equity financing include: railway construction fund, after-tax profits and depreciation, partners such as funding from the community. After 2005, the Ministry of Railways started a large-scale railway construction bond issue and expansion of bank borrowing, which makes railway construction funds from the debt of the fast amplify in the proportion of funding from a share of 48.83% in 2005 up to 2009 accounted for 70 % or more. Minsheng Bank's Ministry of Railways of the asset-liability percentage to more than 70% by 2012. As of the third 15 min of 2008, the Ministry of Railways of the total obligations of 0.67 trillion yuan as of the third quarter of 2010, total liabilities have mushroomed to 1.67 trillion yuan. Minsheng Bank's report also noted that the publish of bonds and bank loans, the Ministry of Railways must disburse the interest on the accumulated colossal debts that quick growth in interest disbursement in 2009, the Ministry of Railways to pay the interest price of over 400 billion yuan, the future may be more than 100 billion yuan . A financial manufacture sources told the the highest interest rate to float downward. As the Ministry of Railways of the construction loan has been backward the citizen honor as parallel, commercial banks ambition be the Ministry of Railways as a high-quality buyers, but with the Ministry of Railways, the rapid increase in debt, commercial banks will be loath to loan. These people deem that with the current circular of rate hike cycle, the central bank increasing interest rates, the Ministry of Railways of the financing costs too additional, from a cost point of view, may affect the speed of railway construction. Equity in the financing of the Ministry of Railways, the railway construction fund each year from 50 billion to 60 billion yuan, profit after impose and depreciation railway is roughly an equivalent amount. The future upside is that most investment partners, that is, from the society, enterprises and capital investment, which is part of the investment is primarily driven by investment returns. China's railway investment but lower rate of return, China has built high-speed rail operating profit of examples as yet led to the plucking power of the part of the investment was not enough. According to a knowledgeable person, the Ministry of Railways for the future to repay the colossal debt problem, not only concern the Ministry of Railways, the National Development and Reform Commission and additional departments are also quite concerned. The current rail freight is still room for price increases, the estimated future state will put the suitable policies, such as increasing rail freight prices, enhance the profitability of the railway sector.