Foreign media in Beijing, Shanghai, said China plans rail link to start listing or years

Posted On Saturday, August 22nd, 2009

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modernization of the Ninth China International Exhibition of Railway Technology, June 22 kicked off in Shanghai. Show the passenger line operator display, heavy haul railway, railway technology and equipment modernization, the Qinghai-Tibet Railway construction and operation of technological innovation to achieve success. At the same time from more than 10 countries sterling silver jewelry and regions, more than 180 railway companies, an advanced display technology and equipment, this exhibition will continue until June 25.
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Lianhe Zaobao, published today reports from Beijing that China is considering Beijing - Shanghai railway line listing in order to raise funds for the construction of the Beijing-Shanghai high-speed railway.
Chinese media report quoted the report on the 25th, the Chinese Ministry of Railways intends to their Beijing Bureau, Jinan, Shanghai Bureau and the Bureau formed a company in Beijing, three of assets held by the Beijing-Shanghai line will be listed on packaging, which will Chinas largest railway system in the financing plan. Railway Administration of the three asset size of RMB (with) 300 billion yuan.

report also quoted the Ministry of Railways as saying a person, the Beijing-Shanghai-listed For lines, 1463 kilometers in length, cross-Beijing, Tianjin and Hebei, Shandong, Anhui, Jiangsu and Shanghai provinces City, were vested in Beijing, Shanghai, Jinan Railway Bureau under the fashion jewelry jurisdiction of three of Chinas largest railway passenger and freight traffic, accounting for Chinas total passenger traffic of 10%.

report quoted in the Shanghai Railway Bureau, and even insiders so that the listing of the Beijing-Shanghai line, will start the year.

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