World Trade Organization Accession: Challenges and Opportunities for Railways in the People's Republic of China
In: http://hdl.handle.net/11540/6144
PRC railways have played a very important role in developing the national economy and in the country's industrial revolution. However, with increasing market access under WTO, PRC railways face competitive challenges in open access, pricing, reliability, service quality, and have corresponding opportunities to develop cooperative relationships. The challenges come from other modes of transport and from within the rail sector offering lower total costs, greater reliability, and better service quality.