China's High-Speed Rail Development

China's High-Speed Rail Development

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...

Full description

Bibliographic Details
Main Authors: Lawrence, Martha, Bullock, Richard, Liu, Ziming
Format: Book
Language:English
Published: Washington, DC: World Bank 2019
Subjects:
HIGH SPEED RAIL
GROWTH
MARKETS
SERVICE DESIGN
SAFETY
CONSTRUCTION
PLANNING
FINANCE
TRAFFIC
RAIL
RAIL DEVELOPMENT
TRANSPORT
GREENHOUSE GAS EMISSIONS
URBAN DEVELOPMENT
TOURISM
Online Access:http://documents.worldbank.org/curated/en/933411559841476316/Chinas-High-Speed-Rail-Development
http://hdl.handle.net/10986/31801
id okr-10986-31801
recordtype oai_dc
spelling okr-10986-318012021-04-23T14:05:11Z China's High-Speed Rail Development Lawrence, Martha Bullock, Richard Liu, Ziming HIGH SPEED RAIL GROWTH MARKETS SERVICE DESIGN SAFETY CONSTRUCTION PLANNING FINANCE TRAFFIC RAIL RAIL DEVELOPMENT TRANSPORT GREENHOUSE GAS EMISSIONS URBAN DEVELOPMENT TOURISM 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. 2019-06-06T16:03:46Z 2019-06-06T16:03:46Z 2019-06-06 Book http://documents.worldbank.org/curated/en/933411559841476316/Chinas-High-Speed-Rail-Development 978-1-4648-1425-9 http://hdl.handle.net/10986/31801 English International Development in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication East Asia and Pacific China
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic HIGH SPEED RAIL
GROWTH
MARKETS
SERVICE DESIGN
SAFETY
CONSTRUCTION
PLANNING
FINANCE
TRAFFIC
RAIL
RAIL DEVELOPMENT
TRANSPORT
GREENHOUSE GAS EMISSIONS
URBAN DEVELOPMENT
TOURISM
spellingShingle HIGH SPEED RAIL
GROWTH
MARKETS
SERVICE DESIGN
SAFETY
CONSTRUCTION
PLANNING
FINANCE
TRAFFIC
RAIL
RAIL DEVELOPMENT
TRANSPORT
GREENHOUSE GAS EMISSIONS
URBAN DEVELOPMENT
TOURISM
Lawrence, Martha
Bullock, Richard
Liu, Ziming
China's High-Speed Rail Development
geographic_facet East Asia and Pacific
China
relation International Development in Focus;
description 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.
format Book
author Lawrence, Martha
Bullock, Richard
Liu, Ziming
author_facet Lawrence, Martha
Bullock, Richard
Liu, Ziming
author_sort Lawrence, Martha
title China's High-Speed Rail Development
title_short China's High-Speed Rail Development
title_full China's High-Speed Rail Development
title_fullStr China's High-Speed Rail Development
title_full_unstemmed China's High-Speed Rail Development
title_sort china's high-speed rail development
publisher Washington, DC: World Bank
publishDate 2019
url http://documents.worldbank.org/curated/en/933411559841476316/Chinas-High-Speed-Rail-Development
http://hdl.handle.net/10986/31801
_version_ 1764475100246048768

Similar Items