- Registration time
- Last login
- Online time
- 3186 Hour
- Reading permission
In those good old day, back in 1989 to 1998, China was poor.|
In those days, China only had US$1000 per capita income (Rmb 8,300/capita)
Foreign investors from Hong Kong, Taiwan, Malaya, Singapore were recruited to build TOLL ROADS, and improve the ROAD LOGISTICS systems in China. Most road concessions are only between 25 to 30 years.
Today, the year is 2011.
Most of those concessions must be nearing the end of their contracts.
Moreover, today, China's per capita income is almost US$4,200/capita (Rmb 27,300/capita)
Incomes in the coastal provinces is DOUBLE the national average.
With almost 190 million vehicles (latest data on 25 March 2011) on the road in China.
VEHICLES registration FEES, and we normally have ROAD TAX to finance FREEWAYS.
With such large vehicle population, FUEL TAX (a revenue merchant income for the state), and ROAD TAX (a kind of road maintenance levy in most parts of the world) is common.
China's budget now is almost Rmb 8 trillion (US$ 1.2 trillion or almost 20% of the GNP) is well FINANCED to finance ROAD, RAIL, CANAL,SCHOOL, HOSPITALS, HEALTH CARE and bureaucracy offices in the entire state.
The same has occured in the Malayan Federation, and USA.
TOLL ROADS is complemented with FREEWAYS.
HOWEVER in place like Singapore, Japan - ROAD PRICING has been reintroduced to encourage use of ELECTRIC VEHICLES such as the MASS RAPID TRANSIT, and the inter provincial FAST RAIL.