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Chinese Railways

Name: Chinese Railways
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 01738203
Price: 162.71 EUR
Availability: InStock
Author: Katrin Luger
ISBN: 9783790825435

Reform and Efficiency Improvement Opportunities

Katrin Luger

Език

Английски език

Книга С меки корици

Код Либристо: 01738203

Издателство Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, октомври 2010

Although huge, Chinese Railways are a bottleneck for economic growth in China. The state-owned enter... Цялото описание

Код Либристо: 01738203

394 b

162.71 €

318.23 лв

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Although huge, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.Although being huge by any measure, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. A comprehensive reform and efficiency improvement program needs to be developed in order to enable Chinese Railways to support further GDP growth in China. Application of industrial economics to the case of Chinese Railways suggests that moderate deregulation of e.g., the freight business could make Chinese Railways fit for future growth. Operational improvements need to complement this development, such as a redesign of the schedule or the introduction of value added services in the freight business. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.