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China Stock Listed Road & Railway Transportation companies Report, 2006-2007
Research In China, Aug 2007, Pages: 140
In general, there was a good situation for China traffic and transportation industry in 2006. Passenger transport volume and freight transport volume by road and railway grew by 8.48% and 8.69% respectively compared to the preceding year. The growth rates further rose compared to 2005, passenger transport increased normally, cargo transport rose steadily. Although the problem of 'insufficient transport capacity and tightened transportation' still exists in economic operation, it has been eased up.
In 2006, the freight transport volume by road reached 14.6 billion tons and cargo turnover volume was up to 964.7 billion ton-kilometers, increasing by 8.8% and 11% respectively compared to the preceding year. The passenger transport volume by road stood at 18.44 billion person-times and passenger turnover volume arrived at 1,013.6 billion person-kilometers, with a respective rise of 8.7% and 9.1% year-on-year. The completed freight transport volume by railway got to 2.88 billion tons, a year-on-year rise of 6.9%; the passenger transport volume by railway was up to 662.21 billion person-kilometers, a rise of 9.2% compared to the same period of last year. The passenger traffic volume stood at 1.25 billion person-times, up by 8.5%.
In early 2007, there was a drastic drop in the growth rate of investments into road construction. In Jan.-Apr. of 2007, fixed asset investments into road transportation industry reached RMB115.73 billion, up by 8% compared to the same period of last year. After rapid investment in the Tenth Five-year Plan period, investment in road and water transportation started to enter the steady stage according to the development in 2007. In comparison, fixed asset investments into railway transportation industry in Jan.-Apr. 2007 was up to RMB42 billion, a year-on-year rise of 20.7%. It is clear that fixed assets investment in railway still keeps rapid growth in 2007.
The report gives a detailed analysis of 25 listed companies in China road and railway transportation industry with regard to their overall comparison, business performance, operation and investments, etc. Besides, main business composition of those companies and latest market developments are also elaborately analyzed in the report.
This title is also available in the following language
China Stock Listed Road & Railway Transportation companies Report 2006-2007 (Chinese Version)
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