As Chinese state-owned enterprises and central government-owned enterprises are under the process of reformation, what are the reform chances of China Railway Corporation Limited?

Anbound's Senior Researcher He Jun suggests that the China Railway Corporation should not be marketized entirely, but should be considered as a quasi-public welfare strategic asset.

As for its debt worth more than 3 trillion Yuan, rolling reimbursement can be done through special debt guaranteed by the government.

In short, this is the cost to be paid by the government to maintain high speed railway network strategic value.