AndrewJin
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Taiwan's hsr ridership is not that bad. But the costly maintenance and subsequent fee for rolling stock is killing it. Though the price is charged twice as what we pay on mainland! Yes, twice the price, 0.90yuan per km! We pay 0.42yuan per km. If we are charged 0.90 yuan per km, there will be at least 20 lines here to be profitable.Beijing-Shanghai HSR is becoming the most profitable high speed rail line in the world, while Taiwan high speed rail that uses Japanese Shinkansen technology is in the blink of bankruptcy. Something to chew on, dear Indian friends!
But we have to consider our affordability (though no much difference between mainland's coastal provinces and Taiwan) especially in Western China where average per capita GDP is less than $8000. We just need to wait for people's salary reaching a higher level, then more and more HSRs in China will be profitable. At that time, not just ridership will increase to a new level, but we can also consider increasing ticket price a little bit. The success of HSR stories in Guangxi and Guizhou provinces of Western China is very inspiring.
btw, I think ticket price in the East is already too cheap for locals, especially in Yangtze River delta. My salary as a postgraduate can afford a ticket from Shanghai to Beijing every 1.5 days. Even in the western region, mostly they pay for a 200-250km/h train at 0.3yuan per km, insanely cheap compared to long-distance coach.
@TaiShang @bobsm