Posts tagged ‘transportation’

25/01/2013

* License plates for automobiles in Shanghai can cost as much the cars

WSJ: “A Shanghai license plate now costs as much as a new mid-range sedan.

The average price for a Shanghai plate soared to 75,000 yuan ($12,000) at the city’s license plate auction over the weekend, roughly equal to the retail price of a brand new, fully loaded Geely MK-II sedan. Shanghai plates went for an average of 50,000 yuan a year ago, meaning prices have risen nearly 2,000 yuan a month.

Yolanda Dong, a market manager at a Japanese firm, paid 77,000 yuan for her plate. By comparison, her Peugeot 307 cost her 100,000 yuan.

“I had to buy the plate no matter what,” said Ms. Dong, who bought her car four months ago and has been bidding to get a Shanghai plate since then. “I can’t have my car sitting there doing nothing.””

via License plates for automobiles in Shanghai can cost as much the cars they are intended to adorn. – China Real Time Report – WSJ.

30/12/2012

* China’s transport improves, faces pressure: minister

Ever more infrastructure.

Xinhua: “Some 87,000 kilometers of new highways opened in China in 2012, marking a record-high year-on-year growth rate, a senior transport official said Saturday.

Minister of Transport Yang Chuantang said 11,000 km of the new highways are expressways. In addition to building new highways, China has also improved 194,000 km of rural roads this year, according to Yang.

“China’s transport sector has seen historic changes during the past decade,” said Yang, adding that the total length of highways in operation is expected to reach 4.1 million km by the end of this year.

However, Yang also said China’s transport capacity remains insufficient, considering the booming demand created by the country’s industrialization and urbanization.

To meet mounting demand, Yang said China will continue to intensify transport facility construction and try to make these facilities more durable and reliable.

China will also make efforts to improve transport facilities in rural areas as well as those in the country’s central and western regions, he said.

At the same time, China will improve road safety by taking measures to prevent serious transport accidents, Yang said.”

via China’s transport improves, faces pressure: minister – Xinhua | English.news.cn.

See also: https://chindia-alert.org/economic-factors/chinas-infrastructure/

22/12/2012

* China opens second railway to Kazakhstan

China’s “go west” policy now extends even further west than its most western province! This is good news for Xinjiang, long deemed by its Muslim residents to be looked down upon and mistreated by the majority Han Chinese, for Chinese migrants who would otherwise have headed east into heavily crowded and over-competitive eastern sea board, and for Kazakhstan and countries beyond. A win-win-win situation, indeed.

Xinhua: “A second cross-border railway between China and Kazakhstan opened Saturday.

The railway is composed of a 292-km section in China and the remaining 293-km section in Kazakhstan. They were joined at the Korgas Pass in Xinjiang Uygur autonomous region.

Contruction of the Chinese side of the railway cost 6 billion yuan (962 million U.S. dollars), railway officials said.

The rail line is expected to ease the burden of the Alataw trade pass, where the first China-central Asia railway traverses. It handles 15.6 million tonnes of train-laden cargo a year.

Industry observers expect the Korgas pass, which now connects China and Kazakhstan by a railway, a highway, and an oil pipeline, to handle 20 million tonnes of cargo a year by 2020 and 35 million tonnes a year by 2030.

The railway launch followed the meet of Chinese Vice Premier Wang Qishan and his Kazakh counterpart Kairat Kelimbetov in Astana earlier this month, vowing to enhance bilateral cooperation in energy, trade, communication and other fields.

Wang suggested enhancing the China-Kazzkhstan interconnection by the rails and a trans-continental highway that links China with Europe.

China and five central Asian countries have been deepening trade and economic cooperations in recent years. The total trade volume between China and central, west, and south Asian countries increased from 25.4 billion U.S. dollars to more than 370 billion, up about 30 percent annually.

In particular, trade between Xinjiang and five central Asian countries reached a historical high of 16.98 billion U.S. dollars last year, according to the customs figures.

Observers said the railway will also help the border city of Korgas become a key logistics hub with a network of highways, railways and pipelines.

Since 2010, the central government has been redoubling the efforts to build Xinjiang into a regional economic center, eyeing its geological closeness to central Asia and the region’s abundant natural resources including oil, coal and natural gas.”

via China opens second railway to Kazakhstan – Xinhua | English.news.cn.

10/12/2012

* China’s Great Wall Motor in talks for India entry

China is sensing that India’s time is about to come.  Earlier it offered to support infrastructure projects, now it is hoping to make and sell cars in India.

Reuters: “Great Wall Motor Co, China’s biggest SUV maker, is in talks to set up a wholly-owned business in India, an Indian industry official said on Monday, in what would be the first Chinese car maker to enter the country alone.

People look at cars of Chinese automaker Great Wall Motor Co Ltd displayed during the Sofia Motor Show 2011 in Sofia June 15, 2011. REUTERS/Stoyan Nenov

Great Wall, China’s eighth-largest car maker, sent a delegation to India last week, and targets starting manufacturing of vehicles in India in 2016, Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers (SIAM), told Reuters in an interview.

“They are looking at coming into India to set up manufacturing,” said Mathur. “They are meeting industry, they are meeting government, they are meeting suppliers.”

Great Wall executives met with SIAM representatives last week, Mathur said. He did not provide details of investments planned.

Great Wall representatives could not be reached by Reuters for comment.

India’s car market has attracted billions of dollars in investment from overseas manufacturers, such as General Motors (GM.N), Ford (F.N) and Toyota (7203.T). But Chinese car makers have not yet made significant inroads into the country.”

via China’s Great Wall Motor in talks for India entry: industry official | Reuters.

See also:

14/11/2012

* How China Has Blocked Vale’s Iron-Ore Megaships

From supportive partner to antagonistic rival?

WSJ: “Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China won’t let them in.

image

Chinese regulators have cited safety concerns over Valemax ships, as the cargo vessels are called. But analysts and industry observers point to a different reason: opposition from a Chinese shipping-industry group dominated by a state-owned company.

The Valemax fight offers a glimpse of one of the biggest battles China’s new leaders will face as they take the reins of the world’s No. 2 economy this week. Economists widely agree that to achieve sustainable growth, Beijing must open its doors to more competition and shake up state-controlled companies.

But the effort will face considerable challenges in a country where the line is blurred between state-owned enterprises and regulators.State-owned enterprises and their top regulator have pledged an overhaul but also have defended their role in the Chinese economy. “This is a special characteristic of China and critical to the development of a socialist economy,” said Wang Yong, director of the State-Owned Assets Supervision and Administration Commission.

State-owned enterprises dominate businesses including telecommunications and banking, leaving consumers with only three mobile-phone operators and lending dominated by state-controlled companies. In the energy sector, just a handful of domestic companies control exploration and production. Foreign car companies must form joint ventures with Chinese partners and share important technology.”

via How China Has Blocked Vale’s Iron-Ore Megaships – WSJ.com.

22/10/2012

* Maoist terror hits road development work in Sukma

Times of India: “Faced with overwhelming threat of Naxal terror, road development activities in the newly carved out district in tribal Bastar region of Chhattisgarh, has taken a hit.

Road construction work to the tune of an estimated Rs 350 crore are at a standstill in Sukma, located on the state’s southernmost tip and the tri-junction of Chhattisgarh, Orissa and Andhra Pradesh.

Many areas of the improvised Sukma district form part of the so-called liberated zone of ‘Dandakaranya’ of the Maoists where they are supposed to be running a parallel government and where there is virtually no presence of civil administration.

Sukma collector Alex Paul Menon’s abduction by the Maoists in April this year and his subsequent release has forced the authorities to tread with caution while taking up road development projects, resulting in Sukma almost becoming an approachless island and causing hardships to the tribals residing in remote areas.

Of the total 418 kilometers long roads in the district, only six roads-with a total length of 168 kilometres- are in a condition where vehicles can run.

These roads range from 12kms to 25kms.

Construction work of four other roads of a total length of 250kms have been thwarted due to Maoist threat, adversely affecting movement of vehicles in the area. Besides, there are many other small roads where taking up any development work is a far cry.”

via Maoist terror hits road development work in Sukma – The Times of India.

See also: https://chindia-alert.org/prognosis/indian-challenges/

08/10/2012

* Indian Govt planning to build 10-15 greenfield airports

India is finally starting to take infrastructure spending more seriously. It’s about time.

Times of India “Giving a push to aviation infrastructure development, the government is planning to build 10-15 greenfield airports and modernising 50 others in the non-metro cities over the next few years.

“About 50 non-metro airports are being modernised within the next two years and overall 10-15 new greenfield airports are being planned,” civil aviation minister Ajit Singh told reporters on the sidelines of the 49th Conference of Directors General of Civil Aviation of Asia-Pacific region here.

Maintaining that the civil aviation sector in India was witnessing an annual growth of nine per cent, he said, “We expect a double digit growth in air traffic in the next few years.””

via Govt planning to build 10-15 greenfield airports – The Times of India.

02/10/2012

* China to build more high-speed railways

When these plans have been implemented, China will be the only country to have separate passenger and freight lines. That, in theory, should speed up both types of traffic.

China Daily: “China is aiming to build separate passenger and freight networks within its railway system, one of the world’s busiest. It may come true on some bustling lines in 2015, when a high-speed passenger transport network is expected to become fully operational.

According to a five-year plan on China’s transport system recently approved by the State Council, China’s cabinet, China will create a high-speed railway backbone network featuring four east-west lines and four north-south lines by the end of 2015.

The Ministry of Railways said that the total milage of high-speed railway will reach some 18,000 km by then.

China’s high-speed lines, which should have an average speed of over 200 km per hour, stood at 6,894 km in August, fewer than last year as a speed cut was executed after the Wenzhou accident, according to the ministry.

Railway expert Wang Mengshu said that as new high-speed lines open, transportation capacity will be released from conventional lines, which will gradually turn into freight lines.

“Putting passenger and freight on separate tracks will greatly increase traffic volume,” said Wang, also an academician of the Chinese Academy of Engineering. “The plan indicates that China will continue to develop high-speed trains to address its transportation bottleneck.”

The plan is long-awaited as China’s high-speed railway development has been set back by the Wenzhou collision last July that left 40 dead.

The crash seriously dented China’s enthusiasm for high-speed rail. China halted work on new lines and conducted nationwide safety checks. A total of 54 people, including minister-level officials, were punished following the accident. Local railway bureaus and stations have been ordered to improve train scheduling and management, as well as conduct more intensive work safety training.

A railway ministry report released in July says that signaling and lightning diffusion equipment has been checked and reinforced at more than 1,000 railway stations.

The changes were in response to the two major causes of the Wenzhou accident, management failure and faulty signaling equipment.

via China to build more high-speed railways |Society |chinadaily.com.cn.

17/09/2012

* United States to File W.T.O. Case Against China Over Cars

NY Times: “The Obama administration plans to file a broad trade case at the World Trade Organization in Geneva on Monday accusing China of unfairly subsidizing its exports of autos and auto parts, a senior administration official said late Sunday, in a move with clear political implications for the presidential elections less than two months away.

The W.T.O. case accuses China of providing at least $1 billion worth of subsidies from 2009 to 2011 for exports of autos and auto parts. While China exports virtually no fully assembled cars to the United States, it has rapidly expanded exports to developing countries, and those exports compete to some extent with cars exported or designed in the United States.

President Obama plans to announce the move on Monday during a visit to Ohio, one of the most important of the battleground states and a place where the president is trying to capitalize on his bailout of the auto industry. A poll by NBC News, The Wall Street Journal and Marist College last week showed Mr. Obama building a significant lead in Ohio.”

via United States to File W.T.O. Case Against China Over Cars – NYTimes.com.

06/09/2012

* China Approves 25 Subway Projects

WSJ: “China has recently approved 25 subway projects by local governments, data from the country’s top economic planning agency show, as part of the central government’s efforts to boost sluggish growth in the world’s second-largest economy.

The National Development and Reform Commission has approved a total of 710.8 billion yuan ($112.1 billion) worth of investments by 18 local governments to build city subways, according to statements posted on its website Wednesday.

Most of the approvals came between June and August, according to the NDRC. The projects are expected to have an average construction time of 4.6 years, with local governments providing 40% of the funding.

Beijing has significantly accelerated approvals for new infrastructure projects by local governments as it seeks a range of avenues to jump-start growth, which slowed to a more-than-three-year-low of 7.6% in the second quarter. Recently-released key economic data from the manufacturing, trade and industrial sectors added to the gloom.

Nomura economist Zhang Zhiwei said the recent number of city subways approved was comparable with the 23 approved in early 2009, when the government unleashed a 4 trillion yuan stimulus package.

“This news suggests that the pace of fiscal policy easing has picked up,” Mr. Zhang said.”

via China Approves 25 Subway Projects – WSJ.com.

China is at it again, using infrastructure spend to boost the economy. At least this time its aimed a specific need, easing urban traffic and speeding urban travellers.

See also: https://chindia-alert.org/economic-factors/chinas-infrastructure/

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India