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Old August 27th, 2014, 10:56 AM   #5661
Anders_W
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Hello!

Metro maps of the big cities are legion, but does anyone know of (symbolic or geographical) railway maps of, say, Beijing or Shanghai?
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Old September 2nd, 2014, 06:44 AM   #5662
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China Rail total debt RMB 3.43 trillion at end of June. 2014 H1 losses RMB 5.36 billion http://money.163.com/14/0901/08/A51TDG16002526O5.html
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Old September 3rd, 2014, 10:44 AM   #5663
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Quote:
Originally Posted by idoke View Post
China Rail total debt RMB 3.43 trillion at end of June. 2014 H1 losses RMB 5.36 billion http://money.163.com/14/0901/08/A51TDG16002526O5.html
If you read the article more closely, H1's interest payment cost 12.8 billion. So It actually have positive operating margin, as the figure is also after-tax so operating income may be even higher. Since, in this case, it's state bank loaning to state rail paying tax to the state, the real cost is opportunity of the loan. Personally, given financial environment in China, I would rather have a good HSR system than a bunch of mostly empty apartment and office blocks.
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Old September 3rd, 2014, 06:29 PM   #5664
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Originally Posted by luhai View Post
If you read the article more closely, H1's interest payment cost 12.8 billion. So It actually have positive operating margin, as the figure is also after-tax so operating income may be even higher. Since, in this case, it's state bank loaning to state rail paying tax to the state, the real cost is opportunity of the loan. Personally, given financial environment in China, I would rather have a good HSR system than a bunch of mostly empty apartment and office blocks.
I am also curious how they calculate the depreciation. My gut tells me that they are having an aggressive accounting and that real loss is much higher. But in China, who knows?
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Old September 10th, 2014, 10:50 AM   #5665
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I don't know if it has been posted here before, but it appears in 2013 China's rail fright volume in ton-kilometers overtook United States, a position the US have held for decades.

http://www.newgeography.com/content/...orld-transport

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After having led the world in rail freight volumes in recent decades, the United States has recently yielded the title to China. In 2013, China moved nearly 3 trillion tonne kilometers (Note 3) of freight by rail, compared to the US total of 2.5 trillion (2012). It may be surprising to find out that Europe, with its extensive passenger train system moves so little of its freight by rail. However, the European Union moved approximately 60 percent less of its freight by rail. However, much of the capacity of the EU's rail system is consumed by passenger trains, leaving little for freight. This is despite a policy commitment in the EU to substantially increase the rail freight market share relative to trucks. As a result, in Europe, the freight trains are "on the highway" (see Photo below). China has been uniquely successful among the world's economies in developing both a world class freight rail system and a world class passenger rail system. One of China's early objectives in developing its high speed rail program was to free space for its large freight train volumes.



Among other nations, only Russia can compete with China and the United States in rail freight, having moved approximately 2.2 trillion tonne kilometers in 2012.
Also what's in interesting is just how much China's goods are moved by waterways, and how much greater it is compared to other countries. I guess it throws this strafor analysis on waterways out the window.

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Old September 10th, 2014, 11:43 PM   #5666
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damn, impressive
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Old September 11th, 2014, 01:27 AM   #5667
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I thought this happened in 2011
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Old September 15th, 2014, 03:48 AM   #5668
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Chinese train ticket sales set record as holiday nears
(Xinhua)

2014-09-14

BEIJING - Sales of train tickets reached a new daily high on Friday ahead of the week-long National Day holiday, the China Railway Corporation (CRC) said on Sunday.

A total of 9.69 million tickets were sold on Friday, the highest level ever on a single day. The CRC said 55.8 percent of them were sold on the Internet and 10.8 percent by mobile phone.

An average of 8.32 million tickets were sold per day between September 9, when tickets for the National Day holiday go on sale, and September 13 -- 1.19 million more than in the same period last year.

Tickets are available 20 days ahead of the "golden week," which starts on October 1. Purchasing online or by phone allows many to avoid long queues at ticket offices.

The National Day holiday has become an annual tourism event for Chinese people, who are increasingly well-off and willing to spend more on leisure and entertainment.
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Old September 17th, 2014, 05:42 AM   #5669
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9.14 Yanshan Tunnel dug through

Yanshan Tunnel:

Length: 21.253km
Duration: Nov 12 2010 ~ end of 2014
Critical project on Zhangtang Railway



Zhangtang Railway

Zhangjiakou-Tangshan port (Hebei province), one of 3 new major energy railways
Length: 528km, 17 stations
Grade I railway, frieght/passenger, 120km/h
Project period: Mar 21 2010 ~ 2015
Cost: 40 bln yuan
source
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Old September 17th, 2014, 08:26 PM   #5670
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Quote:
Originally Posted by foxmulder View Post
Chinese train ticket sales set record as holiday nears
(Xinhua)

2014-09-14

BEIJING - Sales of train tickets reached a new daily high on Friday ahead of the week-long National Day holiday, the China Railway Corporation (CRC) said on Sunday.

A total of 9.69 million tickets were sold on Friday, the highest level ever on a single day. The CRC said 55.8 percent of them were sold on the Internet and 10.8 percent by mobile phone.

An average of 8.32 million tickets were sold per day between September 9, when tickets for the National Day holiday go on sale, and September 13 -- 1.19 million more than in the same period last year.
How do these numbers compare against the number of tickets sold before the Snake Year ended?
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Old September 21st, 2014, 06:47 PM   #5671
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Tickets for Tibet new railway service in hot demand

LHASA, Sept. 20 (Xinhua) -- Hard seat tickets for the newly-opened Lhasa-Xigaze railway service are as precious as oxygen, as an unexpectedly huge number of travelers opt for to the new means of transportation.

The 251-km railway, linking the regional capital and the second largest city of southwest China's Tibet Autonomous Region, has carried more than 67,000 passengers since it opened on August 15, far more than expected, said Zhao Hailin, deputy head of Lhasa Railway Station.

There are two trains in each direction on the new line every day. It reduces the travel time from four hours by highway to around three hours.

"It's the peak season of tourism in Tibet now, and almost every train is fully packed. We had to arrange more than 20 extra services to cope," said Zhao.

Hard seat tickets sell for 40.5 yuan (6.60 U.S. dollars) each, are most popular and often run out. A hard sleeper costs 116.5 yuan (19 U.S. dollars) and 175.5 yuan (28.60 U.S. dollars) for soft.

"We have begun to put on more hard seat coaches," said Zhao.

Construction of the railway, an extension of the Qinghai-Tibet railway, the world's highest, started in 2010 and cost 13.28 billion yuan (2.16 billion U.S. dollars).

The new railway brings the total length of operating railways in Tibet to 802 km.

Due to complicated geology, numerous bridges and tunnels and a hefty investment in environmental protection, the cost of the railway exceeded 50,000 yuan per meter on average, making it the most expensive in China's history.
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Old September 26th, 2014, 12:36 PM   #5672
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China willing to work with Laos to start railway deal at earnest date: envoy

VIENTIANE, Sept. 25 (Xinhua) -- China is ready to work with the Laos for an early start of building a railway connecting the two countries, Chinese Ambassador to the Laos Guan Huabing said here Thursday.

Guan said the "strategic" and "historic" railway project will greatly promote and facilitate trade and economic and personnel exchanges between the two countries, Guan said at a press briefing held here to mark the 65th anniversary of the People's Republic of China.

"The project will help realize at an early date of the dream of the Lao people to turn the Laos from a land-locked country to a ' land-linked' one," the ambassador said.

Noting that the railway project involves huge investment, Guan said both China and the Laos need to have in-depth studies into a number of major issues to ensure the project will be carried out in a sustainable way.

During Lao Prime Minister Thongsing Thammavong's visit to China in April this year, the two countries announced they were willing to launch negotiations on a railway cooperation agreement.

"The departments concerned from both countries are working on some concrete issues and China is willing to work with the Laos to begin the construction as early as possible," the ambassador said.
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Old October 10th, 2014, 11:31 AM   #5673
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September 30
Ganzhou-Shaoguan railway opened

Across Jiangxi and Guangdong Provinces, Ganzhou-Shaoguan railway connects two backbone path: Beijing-Guangzhou and Beijing-Kowloon(HK) railways.

Facts: frieght/passenger rail, 179km, 16 stations, design speed 160kmph (reserved capacity to upgrader to 200kmph).


(chinarailways)
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Old October 16th, 2014, 07:31 PM   #5674
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From Rail Journal:

Quote:
http://www.railjournal.com/index.php...ml?channel=542

China approves rail links to Myanmar and Laos
Thursday, October 16, 2014



CHINA's National Development and Reform Commission (NDRC) has approved plans for the construction of the country's first rail links to Laos and Myanmar, together with a major project to increase capacity for coal traffic from Inner Mongolia.

In the southern province of Yunnan, the NRDC has given the go-ahead to a 504km electrified line which will link Yuxi near Kunming with Pu'er, Xishuangbanna, and Mohan on the border with Laos.

The total cost of the project is Yuan 44.51bn ($US 7.27bn), including Yuan 1.37bn for rolling stock, and the Asian Development Bank is expected to finance construction with a $US 350m loan, which will be repaid by China Railway Corporation (CRC).

In western Yunnan, a 330km line will be built linking Dali on the southern shore of Erhai Lake with the Myanmar border at Ruili. The line will be electrified and designed for operation at up to 140km/h. The total budget for the project will be Yuan 25.73bn, including Yuan 330m for rolling stock.

CRC will fund 85% of the project through its annual capital budget and other sources, with the remaining 15% coming from the Yunnan government. Construction is expected to take seven years to complete.

The NDRC has also approved a Yuan 25.64bn project to increase freight capacity between coal mines around Bayan Nur in Inner Mongolia and the port of Jinzhou in the eastern province of Liaoning, a distance of around 600km. The four-year project will increase freight capacity on the route to around 150 million tonnes.
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Old October 16th, 2014, 10:34 PM   #5675
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It's great that China is building new HSR lines while continues to expand conventional rail networks.
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Old October 19th, 2014, 04:30 PM   #5676
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Virtually wandering through google maps along chinese railroads I found some unusual features. Here goes one of them: over 300 km coal railroad from Yinchaun in Nigxia to Ordos in inner Mongolia ends with loading ramp (near villages called Chagansu and Maojiahao). Just 5 km to the north another railroad begins with loop and loading ramp and goes further over 300 km to Datong.

Why it was built this way? Shape od the loading ramp suggest a sorting facility but why to disload coal from train to trucks, then haul it about 10 km by road (4 km to east by link to the main road, 6 km north along main road and another 2 km west link to sorting facility)? I can imagine that this way one can precisely measure weight of delivered coal and standarse its quality but for rather high cost.

Does anybody know the story behind this feature?
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Old October 27th, 2014, 07:09 PM   #5677
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Rumors of CNR-CSR merger

Quote:
CSR Corp. (1766) and China CNR Corp. (6199), the nation’s two biggest trainmakers, said they will make a “major” announcement within a week.

The companies will give further details within five working days, the railmakers said in separate statements today. The shares were halted from trading in Hong Kong and Shanghai today pending the release of an announcement containing inside information, according to their regulatory filings.

Shares in CSR and China CNR had surged last month after a report that China’s State-Owned Assets Supervision and Administration Commission, or SASAC, is seeking the merger of the two companies to boost exports of high-speed railway technologies.
http://www.bloomberg.com/news/2014-1...hong-kong.html
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Old October 27th, 2014, 11:04 PM   #5678
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A merger is very likely at the moment as trading for both stocks have been halted.
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Old October 28th, 2014, 05:07 AM   #5679
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I cannot decide whether this will be a good thing or bad. It may be advantageous in export projects but in domestic market it would have been better to have two companies competing. Domestic market is large enough for two, in my opinion.
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Old October 28th, 2014, 05:32 AM   #5680
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I cannot decide whether this will be a good thing or bad. It may be advantageous in export projects but in domestic market it would have been better to have two companies competing. Domestic market is large enough for two, in my opinion.
Rather have two companies competing. They are both doing fairly well in export market anyways.
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