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Some confidential documents leaked from Jiangsu Transportation Group, the province-owned company that has shares in Shanghai-Nanjing Intercity HSR Company and Nanjing-Hangzhou Intercity HSR Company

It seems that in 2015, the net profit of Shanghai-Nanjing Intercity was 641 million yuan.
Nanjing-Hangzhou Intercity was 101 million yuan.
So Beijing-Shanghai HSR is not really the only profitable HSR in China.
There must be also Wuhan-Guangzhou HSR, Beijing-Tianjin HSR, Xiamen-Shenzhen HSR, etc. And remember our HSR tickets are the cheapest in the world!

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In addition to the Beijing-Shanghai HSR, the following 5 HSRs were also profitable in 2015:

(1) Shanghai-Nanjing(641 million yuan)
(2) Nanjing-Hangzhou(101 million yuan)
(3) Guangzhou-Shenzhen(177 million yuan)
(4) Shanghai-Hangzhou
(5) Beijing-Tianjin

7月21日,据《每日经济新闻》报道,除了京沪高铁,2015年沪宁、宁杭、广深高铁也已经分别实现净利润6.41亿元、1.01亿元和1.77亿元,都在2015年实现扭亏为盈。此外,据知情人士透露,沪杭、京津两条高铁也都已实现盈利。

上述报道称,从江苏交通控股有限公司和广东省铁路建设投资集团有限公司相关财务报表获得证实,沪宁、宁杭、广深高铁在2015年已经扭亏为盈。

江苏交通控股有限公司分别持有沪宁高铁和宁杭高铁17%和10.72%的股份。据其2014-2015年度财务数据披露,沪宁高铁2014年营业收入为31.55亿元,净利润1.42亿元;2015年营业收入33.61亿元,净利润6.41亿元。宁杭高铁在2014年亏损3.8亿元后,2015年扭亏为盈,净利润为1.01亿元。

上述报道援引业内人士分析指出,从盈利周期看,京津高铁最早于2008年开通运营;沪宁、沪杭高铁都是2010年通车运营;京沪、广深高铁2011年通车运营;宁杭高铁则是2013年正式开通。盈利周期以京沪高铁为代表,普遍在五年左右,宁杭高铁甚至只有三年,这在世界范围内都已经堪称“标杆”。

不过,上述业内人士进一步指出,高铁线路盈利和修建、运营成本相关,其他尚未盈利的高铁线路,其亏损的一个重要原因就在于修建成本导致的每年计提折旧、财务费用支出较高。

“扣除折旧成本,中国高铁在2014年开始实现盈利,但除了京沪高铁等极少数线路之外,其他绝大部分线路都在亏损。由于之前巨大的建设成本,中国高铁还需要16年才能到达还本付息。”同济大学铁道与城市轨道交通研究院教授孙章对界面新闻称。

@AndrewJin
 
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In addition to the Beijing-Shanghai HSR, the following 5 HSRs were also profitable in 2015:

(1) Shanghai-Nanjing(641 million yuan)
(2) Nanjing-Hangzhou(101 million yuan)
(3) Guangzhou-Shenzhen(177 million yuan)
(4) Shanghai-Hangzhou
(5) Beijing-Tianjin

7月21日,据《每日经济新闻》报道,除了京沪高铁,2015年沪宁、宁杭、广深高铁也已经分别实现净利润6.41亿元、1.01亿元和1.77亿元,都在2015年实现扭亏为盈。此外,据知情人士透露,沪杭、京津两条高铁也都已实现盈利。

上述报道称,从江苏交通控股有限公司和广东省铁路建设投资集团有限公司相关财务报表获得证实,沪宁、宁杭、广深高铁在2015年已经扭亏为盈。

江苏交通控股有限公司分别持有沪宁高铁和宁杭高铁17%和10.72%的股份。据其2014-2015年度财务数据披露,沪宁高铁2014年营业收入为31.55亿元,净利润1.42亿元;2015年营业收入33.61亿元,净利润6.41亿元。宁杭高铁在2014年亏损3.8亿元后,2015年扭亏为盈,净利润为1.01亿元。

上述报道援引业内人士分析指出,从盈利周期看,京津高铁最早于2008年开通运营;沪宁、沪杭高铁都是2010年通车运营;京沪、广深高铁2011年通车运营;宁杭高铁则是2013年正式开通。盈利周期以京沪高铁为代表,普遍在五年左右,宁杭高铁甚至只有三年,这在世界范围内都已经堪称“标杆”。

不过,上述业内人士进一步指出,高铁线路盈利和修建、运营成本相关,其他尚未盈利的高铁线路,其亏损的一个重要原因就在于修建成本导致的每年计提折旧、财务费用支出较高。

“扣除折旧成本,中国高铁在2014年开始实现盈利,但除了京沪高铁等极少数线路之外,其他绝大部分线路都在亏损。由于之前巨大的建设成本,中国高铁还需要16年才能到达还本付息。”同济大学铁道与城市轨道交通研究院教授孙章对界面新闻称。

@AndrewJin
So overall, we need 16 years to make ends meet.
We will see more and more HSRs turning profitable.
Annual ridership growth at 30%!!!
It takes only 5 years for Beijing-Shanghai HSR to turn profitable, a miracle in world's HSR history. 641 million yuan in 2015!
@cirr Apart from Tokyo-Osaka HSR, is any other HSR outside East Asia profitable?
 
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So overall, we need 16 years to make ends meet.
We will see more and more HSRs turning profitable.
Annual ridership growth at 30%!!!
It takes only 5 years for Beijing-Shanghai HSR to turn profitable, a miracle in world's HSR history. 641 million yuan in 2015!
@cirr Apart from Tokyo-Osaka HSR, is any other HSR outside East Asia profitable?

HSRs are complex engineering. However, we must double the production capacity and accelerate the completion of local needs. In parallel an SOE or private company should start with a new business model of building and operating these trains in Asia and Europe.

The market is huge and none has the capacity to answer this challenge. There is more than enough capital sitting in saving accounts in China...

A ROI of at least 15% and helping realise OBOR vision... win-win all around. This initiative will need full backing of BeiJing though.

But we must be innovatie not only in science and technology but also in business.
 
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China will expand to eight vertical and eight horizontal high speed rail lines by 2025

China will expand its railway network to 150,000 km (93,200 miles) by 2020, including 30,000 km of high-speed rail, the country's top economic planner said on Wednesday.

The plan will mean a 24 percent increase in the length of China's railway network from 2015 and a 58 percent expansion in high-speed rail.

The government will encourage state-owned China Railway Corp to expand bond issuance to finance its investment, Fei Zhirong, an official at the National Development and Reform Commission, told a new conference.

China aims to invest 800 billion yuan ($119.71 billion) in fixed assets in 2016 as part of the effort to expand the railway network.

China Railway invested 823.8 billion yuan in 2015, building 9,531 km (5,922 miles) of new lines which included 3,306 km of high-speed rail, according to state media.

By 2025, NDRC expects the network to total 175 000 route-km, of which 38 000 km of high speed rail.



NDRC says the rail network should be expanded to serve all cities with a population of more than 2 million, while all those above 5 million would be on the PDL network. The aim is to offer journey times of 1 h to 4 h between the principal conurbations, while trips across major urban areas should be possible in 2 h or less. NDRC also expects all principal ports and bulk commodity production areas to be served by rail.

The plan builds on the previous strategy of developing ‘four horizontal and four vertical’ axes by expanding these to eight in each direction. Most of the initial corridors are now nearing completion, and on some sections additional capacity is already required.

The eight ‘verticals’ (north - south trunk routes) are:

coastal PDL connecting Dalian and Dandong to Tianjin, Shanghai, Fuzhou, Shenzhen and Beihai;
capacity enhancements to the Beijing – Shanghai high speed corridor;
Beijing – Hong Kong PDL and connecting routes to serve intermediate population centres;
Harbin – Hong Kong PDL;
Hohhot – Nanning PDL via Datong, Taiyuan, Zhengzhou, Changde, Yongzhou and Guilin;
Beijing – Kunming PDL via Taiyuan, Xi'an and Chengdu/Chongqing;
Baotou/Yinchuan – Haikou via Yanan, Chongqing and Nanning;
Lanzhou/Xining – Guangzhou via Chengdu/Chongqing and Guiyang.

The eight east–west ‘horizontal’ axes are:

Suifenhe – Manzhouli via Harbin;
Beijing – Lanzhou via Hohhot and Yinchuan;
Qingdao – Yinchuan via Jinan and Taiyuan;
Lianyungang – Urumqi via Xuzhou, Zhengzhou and Xining;
Shanghai – Chengdu via Nanjing, Anqing, Wuhan, Yichang and Chongqing;
Shanghai – Kunming via Nanchang, Changsha and Guiyang;
Xiamen – Chongqing via Longyan, Changsha and Zhangjiajie;
Guangzhou – Kunming via Nanning.

In addition, NDRC has set out plans for construction of a network of new inter-regional corridors to cater for rising demand for short- and medium-distance trips. There is also a focus on using railway development as a tool for regeneration in the poorest regions, with around 12 new lines to be built for this purpose. Emphasising the role of intermodality in both the freight and passenger markets, it envisages a number of new passenger hubs and logistics centres.

The plan calls for expansion of the conventional network by around 20 000 km by 2025, with a focus on linking the Beijing/Tianjin region with the northeast, the Yangtse and Pearl river deltas and the northwest and southwest. Other enhancements would focus on improving links across the country over very long distances.

Finally, NDRC has reiterated the government’s commitment to enhancing international rail links through its ‘One Belt, One Road’ initiative. This confirms Chinese investment on various corridors through Central Asia and on enhancing rail links to Vietnam and other southeast Asian countries. Also envisaged is a rail tunnel linking the Chinese mainland to Taiwan.

SOURCES - Railway Gazette, Reuters
http://nextbigfuture.com/2016/07/china-will-expand-to-eight-vertical-and.html
 
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China white paper details goals for more efficient transport network
(Xinhua) 11:17, December 29, 2016

FOREIGN201612291117000358598352403.jpg

[File photo]

China aims to build a comprehensive transport system, with a faster, greener and safer network to offer more efficient services to the public by 2020, according to a white paper released on Thursday.

The white paper, titled "Development of China's Transport," reviewed the sector's tremendous changes in past decades and set goals for its further expansion in coming years.

The sector should quicken its pace of development, and fully play its basic role as a vanguard for completing the building of a moderately prosperous society in all respects in 2020, said the document issued by the State Council Information Office.

By 2020, China will increase the length of high-speed railways in operation to 30,000 kilometers, connecting more than 80 percent of its big cities.

The country will also renovate 30,000 km of expressways and provide tarmac and cement roads and shuttle bus services for administrative villages with the necessary conditions, while all villages will have access to mail service, it said.

Over the past decades, China's transport network has undergone drastic changes, especially the railway sector.

When the People's Republic of China was founded in 1949, total railway length was only 21,800 km, half of which was paralyzed.

Thanks to a series of reforms since then, total railway operation length reached 121,000 km by the end of 2015, the world's second longest, including 19,000-km high-speed railway, ranking top of the world.

While the vast network has enhanced connectivity in large swathes of the country, disparity remained as construction has lagged behind in the less developed western regions, and in recent years, the government is seeking to narrow the gap.

The white paper pledged to speed up the construction of railways in the central and western areas.

China on Wednesday put into operation one of the world's longest high-speed railways, linking the country's prosperous eastern coast to the least-developed southwestern region.

The Shanghai-Kunming line -- 2,252 km in length -- traverses five provinces of Zhejiang, Jiangxi, Hunan, Guizhou and Yunnan and cuts travel time from Shanghai to Kunming from 35 to 11 hours, according to China Railway Corporation.

Also on Wednesday, another high-speed rail line linking Kunming and Nanning, capital of southwest China's Guangxi Zhuang Autonomous Region, was launched.


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Expand the HSR network, make it better, faster, safer, greener and more efficient over time.
A modern and efficient transportation network is a prerequisite for ecommerce and alleviation of poverty in the central and western regions.

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It remind me the experiences staying nights in the train from Canton to Shanghai 10 years ago.
During my first year in college in Shanghai, I experienced overnight trains during Spring Festival....All bedding tickets had been sold out within seconds, only hard seats were left.
The second year, I could travel back home decently on bullet trains.
Bullet trains were full of passengers with 20% standing tickets, still, it was a perfect experience compared to previous journeys.

Shanghai-Nanjing-Hefei-Wuhan HSR
This line is the one I have used the most.
合武高铁之春.jpg



High-speed rail network

CRH.jpg
 
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Don't get too nostalgic, with the HSR this experience will be a thing of the past.

My fault I am too nostalgic, but that's a very special journey, because we weren't in hurry, it is quite funny taking a long time in the train with friends.
 
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Don't get too nostalgic, with the HSR this experience will be a thing of the past.
I vividly remember when I was a kid, I took an overnight train from Wuhan to Changsha with my parents twice per year.
The train started from around 10-11pm, arriving at Changsha Station at around 4-5am.
At that time, the train window could be opened, no A/C inside.....
The chilly wind in the early morning on the empty station square was my nightmare......

A couple of years later, the train was still rather slow, but much faster on the upgraded old line, around 3-4 hours for 360km. All trains have A/C, no matter hard seats or beds.

Now, we can just go to Changsha to visit relatives and eat spicy Changsha food anytime we want.
If my relatives have some birthday party, we could just go and come back on the same day!
1.5 hours, 100+ services per day.....

Both the slow trains and bullet trains services between Wuhan and Changsha are perfect now.
You can choose money saving or time saving, your choice, both are comfortable trips.
All trains stations have been linked with subways.
(Wuhan: Wuhan Sta., Hankou Sta., Wuchang Sta., Line2/4; Changsha: Changsha Sta., Changsha South Sta., Line2/Maglev)

Bullet trains from Wuhan Station
不可跨越的大武汉站.jpg


Slow trains from Wuchang Station in Wuhan

One got to have a strong heart experiencing "unpresidented" changes everyday in China....
@TaiShang
 
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During my first year in college in Shanghai, I experienced overnight trains during Spring Festival....All bedding tickets had been sold out within seconds, only hard seats were left.
The second year, I could travel back home decently on bullet trains.
Bullet trains were full of passengers with 20% standing tickets, still, it was a perfect experience compared to previous journeys.

Shanghai-Nanjing-Hefei-Wuhan HSR
This line is the one I have used the most.
View attachment 364113


High-speed rail network

View attachment 364115

I was lucky, we had beds. We spend a whole day and two nights, from Canton to Hunan, to Jiangxi, to Zhejiang, finally destination Shanghai.

I was young at that time, nowadays I can't stand such long boring trip by train anymore.
 
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I was lucky, we had beds. We spend a whole day and two nights, from Canton to Hunan, to Jiangxi, to Zhejiang, finally destination Shanghai.
The longest trip I tried on a hard seat was from Shanghai to Urumqi....
And I couldn't stand it after 30 hours, I changed my plan and took off at Jiayuguan to visit the westernmost end of Great Wall. (whole journey: 4000+km, 39 hours)
 
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