| Chinese railways turnover touched 2.44 Trillion | | | | the rail container transport is the future of rail |
| tons-kilometer during the period January 2006 to | | | | transport. Shunhu added that the railway shipment is |
| December 2006. The rise was 5.9% higher than in | | | | much more safe, speedy, & energy-efficient as |
| the same period of 2005, stated Wang Yongping, | | | | compared to shipment by trucks & ships. Wang |
| Railway Ministry spokesman. China's railways | | | | further added that the Chinese railway transportation |
| transported 1.109 billion commuters in 2006's first | | | | segment had continued to rise quickly & the |
| eleven months, up 8.3 % annually that was 98% of | | | | turnover for the year 2006 would be very high. As |
| the entire year's transportation goal, Wang said. The | | | | per the RNCOS report "China Transportation Sector |
| railway industry is an important part of China's | | | | Analysis (2006-2007)", Railways remain the most |
| comprehensive transportation system. In past some | | | | popular mode of transportation for domestic cargo |
| years, railway mileage & its traffic, both have | | | | due to low cost. On the other hand, roads are |
| gone up rapidly, however, the share of market of | | | | popular mode for domestic passengers mainly due to |
| Chinese railways transportation has observed a | | | | growth in motorization. For further information on |
| declining tendency. Because of limitations of the | | | | China transportation sector, read the report "China |
| system, China's railway sector still remains behind in | | | | Transportation Sector Analysis (2006-2007) published |
| areas of investment & financing. This causes | | | | by RNCOS at: RNCOS is an industry leader in the field |
| construction of railways that's not able to meet the | | | | of online business research. We specialize in industry |
| economy development demand. Su Shunhu, vice | | | | research on various business verticals. |
| director, transport division, Railway Ministry, said that | | | | |