Economic Reform and Transport Policy in China

The widespread transport deregulation in China and freely permitted tariff cutting by private individual operators is creating competitive markets in bus, truck and waterway transport. There are ceilings on fares and freight rates. Small state companies can cope with the competition because there is...

Full description

Saved in:
Bibliographic Details
Published in:Journal of transport economics and policy 1993-01, Vol.27 (1), p.75-86
Main Author: Taplin, John H. E.
Format: Article
Language:English
Subjects:
Barges
Buses
Business structures
China
China (People's Republic)
Coal
Competition
Deregulation
Developments in Transport Policy
Economic models
Economic reform
Fares
Freight
Freight transport
Functions
Intercity bus services
Passenger service
Passengers
Rail freight
Rail lines
Regulation
Rural areas
Studies
Transport policy
Transportation
Transportation economics
Transportation sector
Waterways
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The widespread transport deregulation in China and freely permitted tariff cutting by private individual operators is creating competitive markets in bus, truck and waterway transport. There are ceilings on fares and freight rates. Small state companies can cope with the competition because there is enough business while capacity is limited. Officials believe that coordinating functions will preserve the central role of such companies, and some are already offering bus terminal facilities for other companies and private operators. The alternative is to adopt the form of the responsibility system whereby vehicles are effectively subleased to individuals. Railway capacity is insufficient, partly because of the excessive burden of coal and partly because of underpricing. The results are unsatisfied passenger demand and difficulty in booking space for general freight.
ISSN:0022-5258
1754-5951