• DocumentCode
    2852322
  • Title

    Thoughts on Chinas comprehensive transportation system under financial crisis

  • Author

    Na Wang ; Wenquan Li

  • Author_Institution
    Transp. Coll., Southeast Univ., Nanjing, China
  • fYear
    2009
  • fDate
    17-17 Oct. 2009
  • Firstpage
    69
  • Lastpage
    74
  • Abstract
    Transport is a basic industry of the national economy, and is very important for a country to improve economic efficiency and quality. Since reform and opening up, China\´s railways, highways, aviation, water-transport and pipeline transport infrastructure achievements were obvious to all, and initially formed a comprehensive transportation network, but its development is uneven and the transport structure is not quite rational; there is still a wide gap between comprehensive transportation system and the target "reasonable division of labour, complement each other, organic convergence, highly efficient operation and sustainable development". In recent years, through the country\´s macro-control and substantial reforms, comprehensive transportation system has greatly developed, but in the last year of freezing rain and snow disaster, Wenchuan earthquake and other disaster tests, the comprehensive transportation system once again revealed many problems. Now, faced with the global financial crisis triggered by the US sub-prime crisis and the transport market weakness, how does the integrated transport look for opportunities under the "crisis" and make a steady development? In this paper, taking the economic crisis of the transportation market as an entry point, the author analyzes and discusses the status of China\´s current integrated transport, and then proposes some coping strategies on the development of the comprehensive transportation system.
  • Keywords
    financial management; transportation; Chinas comprehensive transportation system; aviation; comprehensive transportation network; coping strategies; economic crisis; economic efficiency; economic quality; financial crisis; global financial crisis; highways; macro control; national economy; pipeline transportation; railways; water transport; wenchuan earthquake; balanced development; comprehensive transportation; financial crisis; transport market;
  • fLanguage
    English
  • Publisher
    iet
  • Conference_Titel
    Advanced Forum on Transportation of China (AFTC 2009), 5th
  • Conference_Location
    Beijing
  • ISSN
    0537-9989
  • Type

    conf

  • DOI
    10.1049/cp.2009.1589
  • Filename
    5499240