In the first two months of the fire, the national

2022-08-16
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The national railway fixed asset investment increased by 25.7% year-on-year in the first two months

the national railway fixed asset investment increased by 25.7% year-on-year in the first two months

China Construction machinery information

Guide: when the Ministry of Railways is about to face the split reform, the latest data released by the Ministry of Railways yesterday showed that from January to February this year, the national railway fixed asset investment increased by 25.7% year-on-year to 37.626 billion yuan, significantly narrowed compared with the year-on-year increase of 70.9% in January. Among them, capital construction investment increased by 20.9% year-on-year to 25.14 billion

as the Ministry of Railways is about to face the split reform, the latest data released by the Ministry of Railways yesterday showed that from January to February this year, the national railway fixed asset investment increased by 25.7% year-on-year to 37.626 billion yuan, significantly narrowed from the 70.9% year-on-year increase in January. Among them, capital construction investment increased by 20.9% year-on-year to 25.14 billion yuan. The substantial year-on-year growth in fixed asset investment and capital construction investment in January was mainly due to the low base in 2012

after the State Council announced the abolition of the Ministry of Railways and the separation of railway government and enterprises, securities companies intensively released research reports optimistic about the follow-up reform dividends. However, as the relevant detailed rules of the current reform have not been issued, some analysts pointed out that in the short term, due to institutional reform, the bidding process may be lower than expected. At present, the Ministry of Railways still bears a debt of 2.66 trillion yuan, and the financing capacity of the Railway Corporation in the future is worrying

various supporting measures for railway reform are positive

railway investment has continued to rise since the warming in the third quarter of last year. From January to February this year, railway fixed asset investment increased by 25.7% year-on-year, while in February last year, it decreased by 57% year-on-year. According to the previously announced plan, the Ministry of Railways will arrange 650billion yuan of fixed asset investment in 2013, including 520billion yuan of infrastructure investment, and the mileage of new lines put into operation will exceed 5200 kilometers. However, when the Ministry of Railways is facing a spin off, the outside world is also worried about whether it will affect the current progress of railway infrastructure and equipment bidding

Luo Libo of Guojin Securities pointed out that since China Railway Corporation has inherited most of its functions, the short-term impact of reform and change is relatively controllable, and various supporting measures are good to wait for. In order to ensure a smooth transition, the state may coordinate the implementation of railway construction funds this year, and the start time of EMU bidding can be observed in the near future. In the medium term, the flexibility and efficiency of railway operators will be improved

some insiders pointed out that the splitting of the Ministry of Railways is only the first step in the long journey of China's railway reform. In the future, there are still many tasks to be further reformed, such as revising relevant laws and regulations, devolving the functions of vigorously implementing high-end strategic pricing to enterprises, strictly preventing discriminatory access prices, and liberalizing industry access thresholds. As the first thing that is likely to be completed is the decentralization of pricing power, there will continue to be strong expectations of price increases in recent years

marketization leads to changes in pricing, bidding, etc.

the market had long expected the railway reform, and securities companies generally expected the subsequent policy dividends of the railway reform. In terms of listed companies, how can there be static electricity in railway based electronic universal testing machine? The transition from construction to warming continues to benefit railway equipment manufacturing enterprises and freight logistics enterprises. After the reform of the Ministry of railways, the bidding, technical standards and pricing of the above industries have changed

in this plan, it is proposed to increase express transportation, and their recent situation of price system reform is introduced. However, due to the fact that railway passenger transport has a certain public ownership, reducing production costs by establishing joint ventures or production bases in China, the rise of ticket prices is bound to be restrained to a certain extent, and the market is more optimistic about the rise of railway freight prices. Anxin Securities pointed out that at present, the railway transportation cost in China is about 0.13 yuan/ton kilometer, which is far lower than the highway transportation cost of 0.3~0.4 yuan/ton kilometer. The space for price increase is still large. It is relatively more optimistic about the space for price improvement in areas with tight transportation capacity in the north. In the long run, the special railway freight rate will also be in line with the ordinary freight rate

in terms of railway equipment, Luo Libo believes that with the market-oriented development of railway, leading enterprises with R & D and manufacturing core technologies have a better ability to provide solutions to customers; With the reduction of administrative interference, vehicle enterprises may increase their internal supporting capacity and reduce external technology transfer, and their status will be further strengthened. When the equipment purchase is closer to the transportation demand, due to the strong periodicity of railway freight transportation and the short production cycle of vehicles, the volatility of railway freight demand will increase significantly

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