China's first liberalization of rail freight prices

Recently, the National Development and Reform Commission announced that after the construction of the quasi-pool railways is in operation, the freight rates will be market-regulated and the railway transportation companies will negotiate with users and investors to determine the specific freight rates. This is the first time China has liberalized the price of railway transportation.

The Zhunchi Railway runs northwards from Daxun Railway outside Xigou Station and south to Shuohuang Railway Shenchi South Station. It has a total length of approximately 180 kilometers and crosses Inner Mongolia and Shanxi provinces. It is controlled by Shenhua Group Co., Ltd. and is a joint venture with local enterprises. Operating. The railway is still in the construction stage, and it is planned to open and operate in the first half of this year. After it is completed and opened to traffic, it will provide coal users with new transportation routes.

Shi Lixin, director of the market system office of the National Development and Reform Commission’s Institute of Economic System and Management, said that the first attempt to price the railway freight as a railway transportation service was an important milestone in the market-oriented reform of railway freight rates. ** Market-oriented reforms will have a positive and far-reaching impact. “This move will first increase the confidence of social capital in investing in railways, help stabilize the market expectations for reform of the railway investment system, and will also have a demonstration effect on railway freight tariff reforms.”