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Understanding the Chinese Economies by Rongxing Guo

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Chapter 8

Economic Growth and Income (Re)distribution

image

The high-speed railway.

Photo released by the Chinese Ministry of Railways, Beijing, 2011

During the early 1990s, the commercial train service in China averaged less than 50 km/h. High-speed rail (HSR) service was introduced in China in 2007. The HSR provides a fast, reliable, and comfortable means of transporting large numbers of travelers in a densely populated country over long distances. By the end of 2011, China’s HSR network had reached over 13,000 km. China is the first and only country to have a commercial train service on conventional rail lines that can reach 350 km/h. Regardless of ...

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