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Research on the Regional Equity and Financing Problems of China Railway |
SHI Jing, YANG Lang, LIU Li-yuan |
Tsinghua University, Beijing 100084, China |
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Abstract Research purposes: Transit ability deficiency and heavy burden of the railway have become the “bottle-neck" of the economic development in China. Unbalance of infrastructure distribution leads to weak railway network in west areas. How to keep fast and sustainable development of China railway industry gradually attracts public and government's attention.
Research methods: This paper discusses railway problems from the viewpoint of financing innovation; the concept of regional equity is also introduced.
Research results and conclusions: Available modes of financing marketization and multi-investors of railway industry are put forward, and efficient measurements are explored to ensure the priority of railway construction in west areas from the aspects of land, tax and financial support.
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Received: 20 January 2006
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