Index > Briefing
Back
Monday, June 23, 2014
Chan Kung: Greater Strategic Significance of China's High-speed Rail Lies in Cargo Transport
ANBOUND

Recently, China's "high-speed rail diplomacy" has gradually become a standing policy in international contact. Despite the fact that China’s high-speed rail has undergone an increasing expansion of “Going-out”, passenger transport still dominates the market. In this regard, ANBOUND chief researcher Chan Kung states being one of the world trade powers, China should pay great attention to cargo transport to make some research progress in this field. Compared with passenger transport, cargo transport possesses more strategic significance with the advantage of cost. It means cargo transport price stands out in cost-effectiveness which benefits China a lot.

Copyright © 2012-2025 ANBOUND