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001 211425
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008 020129s2019 dcu o i00 0 eng
020 _c35.00 USD
020 _z9781464814259
035 _a(The World Bank)211425
040 _aDJBF
_beng
_cDJBF
_erda
100 1 _aLawrence, Martha.
_928565
245 1 0 _aChina's High-Speed Rail Development /
_cMartha Lawrence.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2019.
300 _a1 online resource (98 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aInternational Development in Focus
520 3 _aOver the past decade, China has built 25,000 km of dedicated highspeed railway-more than the rest of the world combined. What can we learn from this remarkable experience? China's High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail.The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing.Traffic on China's high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers.One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results.Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
588 _aDescription based on print version record.
650 4 _aConstruction
_928566
650 4 _aFinance
_928567
650 4 _aGrowth
_928568
650 4 _aHigh Speed Rail
_928569
650 4 _aMarkets
_928570
650 4 _aPlanning
_928571
650 4 _aRail
_928572
650 4 _aRail Development
_928573
650 4 _aSafety
_928574
650 4 _aService Design
_928575
650 4 _aTraffic
_928576
700 1 _aLawrence, Martha.
_928565
776 0 8 _aPrint Version:
_z9781464814259
830 0 _aWorld Bank e-Library.
_928577
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1425-9
999 _c5375
_d5375