China Railway Construction Market Report,2006
  • Sep/2007
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This report covers:
- Railway construction worldwide
- Reforms in railway engineering project management
- Budgetary investments into railway engineering project in design-phase
- Assessment content of railway construction project and evaluation index system
- Approaches & conditions for the opening of China railway market
- Diagnoses of railway-purpose land management
- Countermeasure on safety problems of railway construction
- Obstacles in the privatization of China's railway industry
- BOT financing mode introduced in the construction of China's railway infrastructure
- Investment & financing of railway construction


1 Railway construction worldwide
1.1 All countries are increasing investment on railway development
1.1.1 Railway infrastructure
1.1.2 Rolling stock
1.2 Revelation from capital adjustments of overseas railway construction
1.2.1 Methods for capital adjustments of overseas railway construction
1.2.2 Revelation from capital adjustments of overseas railway construction
1.3 Overseas high-speed railway construction and operational modes
1.3.1 Mode of combining construction and transportation
1.3.2 Mode of separating construction and transportation
1.4 Development trend of fund-raising for high-speed railway construction worldwide
1.4.1 Main sources of funds for high-speed railway construction worldwide
1.4.2 Fund-raising development of high-speed railway construction worldwide
1.4.3 Revelation from fund-raising of world's high-speed railway construction

2 Reforms in railway engineering project management
2.1 Status quo and reforms necessity of railway engineering project management
2.2 Brief introduction to international engineering project management modes
2.3 Proposals for the reform of railway engineering project management
2.3.1 Clarifying the administrative bodies of railway engineering project management
2.3.2 Promoting construction agent system of railway engineering project
2.3.3 Enhancing the training of engineering project administrator

3 Budgetary investments into railway engineering project in design-phase
3.1 Existing problems in design-phase
3.2 Enhance the administrative measures in design-phase
3.2.1 Management in construction design phase
3.2.2 Design documents & administrative tasks in the phase of budgetary estimate and checkup

4. Assessment content of railway construction project and evaluation index system
4.1 Conception and content of railway construction project assessment
4.1.1 Conception
4.1.2 Content
4.2 Analysis on evaluation index system construction
4.2.1 Establishment of evaluation index system
4.2.2 Calculation of evaluation index

5 Approaches & conditions for the opening of China railway market
5.1 Opening status of railway market
5.2 Restrictions in the opening of railway market
5.2.1 Scale features of railway
5.2.2 Railway characterized by special purpose of assets
5.2.3 Structural features of railway assets
5.2.4 Network features of railway
5.2.5 Imbalance in economic returns of railway
5.2.6 Multi-attribute of railway
5.2.7 Systematic characteristics of railway
5.3 Appropriate conditions for the opening of railway market
5.3.1 Clarifying multi-attribute features of railway
5.3.2 Well-begun separation of enterprise from administration
5.3.3 Cultivation of market-based pricing mechanism
5.3.4 Weakening crossed allowance mechanism
5.3.5 Reducing negative effect of asset scale
5.3.6 Structural optimization of railway assets
5.3.7 Incentive mechanism for external operating entity and capital accession
5.4 Approaches and forms of railway market opening
5.4.1 Regional-type modern companies
5.4.2 Business-type modern companies
5.4.3 Project-type modern companies
5.5 Introducing strategic investors

6 Diagnoses of railway-purpose land management
6.1 Railway-purpose land and income overview
6.2 Main existing problems
6.2.1 Poor management system
6.2.2 Unaccommodated working team
6.2.3 Laggard operations
6.2.4 Weaknesses in fundamental works
6.2.5 Supervision and administration to be reinforced
6.3 Solutions to strengthen railway-purpose land management
6.3.1 Rearing new conception of railway-purpose land management
6.3.2 Establishing and perfecting railway-purpose land management organizations
6.3.3 Propelling the cultivation of railway-purpose land management system
6.3.4 Intensifying fundamental work of railway-purpose land management
6.3.5 Accelerating the construction of railway-purpose land management team

7 Countermeasure on safety problems of railway construction
7.1 Existing problems
7.1.1 Excessive preparation works
7.1.2 Imprecise preparation works
7.1.3 More desirable cooperation among construction units
7.1.4 Too much violated operations
7.1.5 Poor preparation of transportation department
7.1.6 Temporarily changed operation plan or construction plan
7.1.7 Lack of emergency plans
7.2 Causes of existing problems
7.2.1 Some construction units with fluke mind
7.2.2 Lack of precise work style
7.2.3 Serious individualism and poor team consciousness
7.2.4 Inattentive planning and great random of receiving/sending trains
7.3 Suggestions
7.3.1 Full preparation for each task before construction
7.3.2 Setting up supervision system during construction
7.3.3 'Three things in person' and "five crucial steps" during the construction
7.3.4 Avoidance of temporarily changing train operation plan or construction plan
7.3.5 Strengthening overall cooperation during construction
7.3.6 Setting up a perfect economic penalty system

8 Obstacles in the privatization of China's railway industry
8.1 Review of privatization reforms of China's railway industry
8.2 Causes of impediments in railway privatization
8.3 Seven hindrances of private capital into railway construction
8.3.1 Large-scale investments requires for railway construction but the scale of private capitals are
usually small
8.3.2 Rigid pricing mechanism implemented in railway industry and approved by Government
8.3.3 Sufficient policies for public welfare of railway construction and operation
8.3.4 Not transformed railway transportation enterprises into legal market entities
8.3.5 Crossover of financial allowance mechanism deprives operating entities of real income
8.3.6 Other bodies except National Railway has unequal railway usage & access rights
8.3.7 Highly special purposes of railway assets
8.4 Optional approaches to accelerate the reform of railway privatization

9 BOT financing mode introduced in the construction of China's railway infrastructure
9.1 Superiority of fund-raising via BOT mode
9.1.1 Meanings of BOT mode
9.1.2 Superiority of fund-raising via BOT mode
9.2 Construction of China's railway infrastructure can adopt BOT mode
9.3 Political suggestions for China's railway industry to utilize BOT mode
9.3.1 The making of reasonable freight of railway BOT project
9.3.2 Governmental departments should offer necessary support
9.3.3 Further improvement of soft investment environment

10 Investment & financing of railway construction
10.1 Options of investment and financing modes of railway construction under new situations
10.1.1 Characteristics of railway foundational construction and investment
10.1.2 Opportunities and challenges facing investment and financing of railway foundational
construction under new circumstances
10.1.3 Reform thoughts for investment & financing of China railway foundational construction
10.2 Prospect of fund-raising diversification of China railway construction
10.2.1 Current status of fund-raising for railway construction
10.2.2 Factors to affect railway fund-raising diversification
10.2.3 Opinions and proposals for railway fund-raising diversification
10.3 Obstacles to railway fund-raising via markets
10.3.1 A gap of RMB500 billion for China railway construction
10.3.2 Existing problems in railway investment and financing
10.3.3 Propositional solutions for problems in railway investment and financing reform
10.3.4 Big events in the reform of China railway system
10.4 Market opportunities under the acceleration of railway investments
10.4.1 Railway construction being into a fast-developing period
10.4.2 Investment opportunities brought by leap-forward development
10.4.3 Developing railway accords with the sustainable strategy
10.4.4 China needs a well-developed railway network
10.5 Reform in railway construction funds and analysis of financing means
10.5.1 The origin of railway construction funds and its advantages & disadvantages
10.5.2 The conceiving of the form in railway construction funds
10.5.3 Exploring various financing channels for railway construction
10.6 Innovative orientation of China railway investment and financing
10.6.1 Medium and long-term plans for China railway development
10.6.2 Scale and structure of China railway investment and financing
10.6.3 Reform direction and innovative focus of China railway investment & financing
10.7 How to realize the diversification of investment bodies in railway construction
10.7.1 Necessity to diversify investment bodies in railway construction
10.7.2 To diversify investment bodies via fully utilizing the capital market
10.7.3 Realization of diversified investment bodies in railway construction
10.7.4 Political assurance for the diversification of investment bodies
10.8 Propelling the reform in China railway investment system starting from property rights
10.8.1 Property right relations of China railway industry
10.8.2 Contradiction of railway network integrality and respecting corporate property rights
10.8.3 Influences of property right relations on China railway financing 

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