6.6 C
London
Sunday, July 12, 2020

Chinese rail market growing despite falling HSR investment

The Chinese railway market is growing ‘stably’ despite a levelling out of investment for high-speed rail, a new report has found.

A study published by global consultancy SCI Verkehr suggests that the after-sales market and regional and urban transport sectors were particularly strong.

‘The Chinese Market’ estimated China’s rail technology market at €26 billion, with a predicted growth of 4 per cent a year.

“In the past few years, China has developed into the largest and one of the most dynamic rail markets in the world,” according to SCI Verkehr.

“There have been massive investments in the rail sector, especially in high-speed systems. Investments reached an enormous peak in 2010 of €100 billion. Since then, investments for rail technology in China have been reducing, but have overall remained noticeably above the 2008 level in the years following 2012.

“Whereas in previous years investments were primarily in high-speed and long-distance passenger rail transport, China’s investments in the coming five years will focus on regional passenger rail and urban transport. Besides the market for metro vehicles which has been growing for years, new growth segments will emerge within the rail industry, such as multiple units for regional transport and light-rail vehicles. The after-sales market will also grow dynamically due to rapidly growing fleet sizes and network lengths.”

The study also recognised China’s rail growth overseas, suggesting that recent acquisitions pointed to a possible entry into the European market. In June, Chinese rail manufacturer Masteel took over French wheelset manufacturer Valdunes and the report predicts more acquisitions by Chinese companies in the coming months and years.

27 COMMENTS

  1. Hey there I am so haqppy I foun your site, I really found you by
    error, while I was searching on Digg for something else, Nonetheless I aam here now and would just like to say maany thanks ffor a
    remarkable post and a all round enjoyable blog (I also lov the theme/design), I don?t have
    time to look over it all at the moment bbut I have book-marked
    it and also included your RSS feeds, so when I have time I will be back to rread a great deal more, Please
    do keep up the excellent jo.

  2. Excellent post. I was checking constantly thios
    weblog and I’m impressed! Extremely helpful info specifically
    the remaining part 🙂 I care forr such information much.
    I uszed to be looking for this particular information for a long
    time. Thanks and good luck.

  3. It is appdopriate time to make some plans for the future and it’s ime to be
    happy. I have learn this publish and if I could
    I wish to counsel yoou some fascinating issues or advice.

    Perhaps you can write next articles relating to this article.
    I wish to leaarn even more thins approximately it!

  4. Hello, i read your blog from time to time and i own a similar
    one andd i was just curiou if you geet a lot of spam responses?
    If so how do you protect against it, any plugin or anything you can advise?
    I get so much lately it’s drijving me insane so any suppott is very much appreciated.

  5. Excellent post. I was checking continuously
    this blog and I’m impressed! Extremely useful information specifically the last
    part 🙂 I care for such information a lot.
    I was looking for this certain info for a very long time. Thank you
    and good luck.

  6. Wonderful goods from you, man. I have understand your
    stuff previous to and you’re just too great.
    I really like what you have acquired here, really like what you’re stating and the way in which
    you say it. You make it entertaining and you still take care of to
    keep it smart. I cant wait to read much more from you. This is really
    a wonderful web site.

  7. портал, который содержит все необходимое для
    веб-мастера | a portal that contains everything you need for a webmaster | магазин цифровых
    товаров | магазин информатики | seo soft
    programm | digital goods store | computer shop | seo soft programm | магазин скриптов |
    цифровые товары | портал который
    содержит все необходимое для веб-мастера | script store | digital goods |
    computer shop

  8. An interesting discussion is definitely worth comment.
    I do think that you ought to write more about this subject matter, it may not be a taboo subject but usually folks don’t discuss these
    issues. To the next! Kind regards!!

  9. Just wish to say your article is as surprising. The clarity to your post is simply
    nice and that i could think you are a professional on this subject.
    Fine together with your permission let me to snatch your RSS feed to stay updated with drawing close post.
    Thanks a million and please continue the rewarding
    work.

  10. Hello, i believe that i saw you visited my site thus i got here to return the choose?.I am
    attempting to find things to improve my web site!I suppose its good enough to
    use a few of your ideas!!

  11. I think that everything published made a great deal of sense.

    However, think on this, suppose you added a little content?

    I am not saying your content isn’t good, however suppose you added a post title
    that makes people desire more? I mean Chinese rail market growing despite falling HSR investment | RailUK
    is a little boring. You could look at Yahoo’s home page and see how they create article
    titles to get people to open the links. You might try adding a
    video or a related picture or two to grab readers interested about what you’ve written. Just my opinion, it
    would bring your website a little livelier.

  12. I wanted to follow uup and allow you to know how considerably
    I appreciated discovering your website today. I will consider it a gokod honor
    to work at my office and be able to make use of the tips contributed on your site and also be a part of
    visitors’ reviews like this. Should a position regarding
    guest article author become available at your end, i highly recommend you let me
    know.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Rail News

Powering excellence

Stephen Royle. A new company, Breserv, is setting out to be the ‘Go...

The lockdown eases, replaced by confusion

As the lockdown starts to ease, it brings with it a degree of uncertainty and worry. Two months ago,...

Professor Felix Schmid steps down

Felix Schmid has retired from his post as Professor of Railway Systems Engineering at the University of Birmingham after 15 years.

Will the railway be reclassified?

Should the railways remain in the private sector? Or are they, effectively, already nationalised after the government’s emergency measures taken as part...

The one that got away

This year’s Railsport National Angling Championships, due to take place on 12 August 2020 at Makins Fisheries, has been cancelled as a...

More like this...