Views: 5628|Replies: 12

When China was poor, it relied on INVESTORS to finance it's expressways! [Copy link] 中文

Rank: 8Rank: 8

Post time 2011-6-15 11:22:54 |Display all floors
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.

Cheerios!

Green DRagon
Game Grandmaster

Use magic tools Report

Rank: 8Rank: 8

Post time 2011-6-16 12:51:34 |Display all floors

In the old days, China's

.........inland province logistics depended on RIVER BARGE TRAINS.

It's slow, and is dependent on costly diesel fuel, and low freight tonnage/worker ratio.
River barges needs to be small, as buoyancy of fresh water limit's the vessel's size and load!

Huge movement of coal, cement, grain and ore clogged up the waterways before the advent of the FREIGHT RAIL and the EXPRESSWAY.

Cheerios!

Green DRagon
Game Grandmaster
River barge trains.jpg

Use magic tools Report

Rank: 8Rank: 8

Post time 2011-6-16 13:34:15 |Display all floors
them Chinese are really clever!
The Brotherhood of Knights of the Mystic Sea

Use magic tools Report

Rank: 8Rank: 8

Post time 2011-6-17 11:56:44 |Display all floors

The Freight Rail traffic is huge

...........and going to double or quadruple.

This is due to the completion of the FAST TRAIN RAIL SYSTEM people mover. This allow the old rail tracks to be converted to a PURE FREIGHT RAIL NETWORK. In the future, with additional double or triple tracking - PURE ELECTRIC PLATFORM CONTAINER MOVERS will reduce further the congestion, AS IT'S NEAR FULLY AUTOMATED, will have lower operational cost.

Cheerios!

Green DRagon
Game Grandmaster
Railway traffic in China.jpg

Use magic tools Report

Rank: 1

Post time 2011-6-20 10:44:55 |Display all floors
i confuse that

Use magic tools Report

Rank: 8Rank: 8

Post time 2011-6-20 10:55:20 |Display all floors
It was reported by CCTV a few weeks ago that China has about 1 milllion kilometers of toll roads and also the the highest per km toll cost in the world.  they should not have nay trouble financing their road network.

Use magic tools Report

Rank: 8Rank: 8

Post time 2011-6-20 13:44:34 |Display all floors

With the FLUSH of cash in the Chinese State Coffers

.............toll roads becomes history as a new range of FREEWAYS comes into sight.

China's port is already in over capacity, especially after China almost near monopolization of the process commodity, assembly OEM, hypermarket and automobile-engineering component manufacturing of the globe!.

The next wave of INVESTMENTS will be likely to be in rural roads, upgrade of schools, hospitals, community clubs, freight electric rail and FREEWAYS.

cheerios!

Green DRagon
Game Grandmaster
modern highways in China toll roads to freeways.jpg

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.