China_Railway_Corporation

China Railway

China Railway

State-owned national railway company of China


China State Railway Group Co., Ltd., doing business as China Railway (CR), is the national passenger and freight railroad corporation of the People's Republic of China.[2]

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China Railway operates passenger and freight transport throughout China with 18 regional subsidiaries.[3] By September 2022, the total assets of China Railway Group are CNY 9.06 trillion (USD 1.24 trillion).[4]

History

Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on June 18, 2019. This meant the Ministry of Finance would act as an investor on behalf of the state and the company would be led by a board and managed by board-chosen executives.[5][6]

Logos of China Railway
China Railway Symbol
Train logo
Former Company Logo

The China Railway logo was designed by Chen Yuchang (Chinese: 陈玉昶) (1912–1969), officially adopted on 22 January 1950. The whole logo represents the front of a locomotive. The upper part of the logo represents the Chinese character 人 (people), while the lower part represents the transversal surface of a rail. The logo means that China's railway belongs to the people.[7][8][9] The lower part represents the character 工 (labour), means that China's railway belongs to the working class.

The "CR" logo is used on the Fuxing (train) along with the China Railway logo.[10]

The "CRH" logo is used on the Hexie (train).

Companies

CR service regions

There are 21 primary subsidiary companies under China Railway. As of 2008, approximately two million people work in China Railway.

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Second tier subsidiaries

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International operations

International trains

China Railway operates passenger trains from China to Mongolia, Russia, Kazakhstan, North Korea, Vietnam and Laos. Also operates freight (cargo) trains to these countries.

There are 11 international passenger train services:

Services to Europe (New Silk Route)

As of 2017 China Railway ran goods services to 15 European cities, including routes to Madrid and Hamburg and the experimental East Wind service to London to test demand.[11] The Chinese government refers to the two-week 12,000 km (7,500 mi) route, starting at Yiwu and with trains to London traversing Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France, as the Belt and Road Initiative.[12] Containers must be transferred several times, as different, incompatible, rail gauges are used in different regions, and the same rolling stock cannot be used throughout.

Africa

China has been investing in and helping to rebuild railways in Africa.[13][14] Below is an incomplete list of rail projects.

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List of directors general

China Railway Corporation

China State Railway Group

Chairman

General Manager

Footnotes

  1. Including revenue from "Railway Construction Fund"
  2. EBIT, including revenue from "Railway Construction Fund" but excluding contribution to "Water Conservancy Construction Fund"

See also


References

  1. 中国铁路总公司2015年年度报告 [China Railway Corporation 2015 Annual Report] (in Chinese). archive of Shangjai Clearing House. 29 April 2016. Archived from the original on 7 November 2017. Retrieved 6 May 2016.
  2. "China Railway". www.china-railway.com.cn. 4 April 2020. Archived from the original on 3 November 2022. Retrieved 3 November 2022.
  3. "中国的18个铁路局集团公司(下篇)_腾讯新闻". Tencent News. 3 February 2021. Archived from the original on 3 November 2022. Retrieved 3 November 2022.
  4. Tang, Jun (1 November 2022). "国铁集团前三季度亏损947亿元,京沪高铁已扭亏为盈 – 环球旅讯". TravelDaily.cn. Archived from the original on 3 November 2022. Retrieved 3 November 2022.
  5. "China renames, restructures railway corporation in reform push". Reuters. 18 June 2019. Retrieved 18 June 2019.
  6. 樊, 曦 (18 June 2019). "中国国家铁路集团有限公司在京挂牌成立". Xinhuanet (in Chinese). Xinhua News Agency. Archived from the original on 18 June 2019.
  7. Tracy McVeigh (14 January 2017). "Silk Road route back in business as China train rolls into London". The Guardian. Retrieved 15 January 2017.
  8. "Travelling from China to London - BBC News". BBC. 18 January 2017. Retrieved 18 January 2017.[permanent dead link]
  9. Kacungira, Nancy (8 June 2017). "Is Kenya's new railway good value for money?". BBC News. Retrieved 18 September 2018.
  10. "The Report: Algeria 2010 page 165". Oxford Publishing Group. Retrieved 18 January 2017.
  11. "Chinese Funded Railways". CNN. 22 November 2016. Retrieved 18 January 2017.
  12. "Mali signs $11bn agreements with China for new rail projects". Railway Technology. 16 September 2014. Archived from the original on 31 January 2017. Retrieved 18 January 2017.
  13. "China to build major new African railway from Mali to the coast". Global Construction Review. 4 January 2016. Retrieved 18 January 2017.
  14. "CCECC sign $11.117 billion Lagos-Calabar Rail Contract line". The Guardian. 2 July 2016. Retrieved 18 January 2017.
  15. "Abuja-Kaduna Rail line". Railway Technology. Retrieved 18 January 2017.
  16. "Construction of railway from Khartoum to Port Sudan". Aiddata. Archived from the original on 9 January 2017. Retrieved 18 January 2017.
  17. Lumu, David; Balagadde, Samuel (30 August 2014). "Chinese Firm CHEC Given US$8 Billion Railway Deal". New Vision (Kampala). Retrieved 30 August 2014.
  18. Jin, Haixing (31 March 2015). "China's Xi Finds Eight Good Reasons to Host Uganda's President". Bloomberg News. Retrieved 1 April 2015.

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