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China And The High-Speed Rail Industry

Author

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  • Sorin-Nicolae Curcă

Abstract

Currently, China has the largest high-speed rail network and one of the most important industries in this field worldwide. That is a great performance, considering the relatively short time it needed for the industry's development and for reaching such high rankings. In this paper we analyze these issues, we look at the reasons why Beijing authorities chose to stimulate the development of the high-speed train industry and transport and how was this achieved. We also consider the implications of the high-speed rail industry for china in terms of the international relations.

Suggested Citation

  • Sorin-Nicolae Curcă, 2021. "China And The High-Speed Rail Industry," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 13(2), pages 82-94.
  • Handle: RePEc:iem:journl:v:13:y:2021:i:2:p:82-94
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    File URL: http://iem.ro/rem/index.php/REM/article/view/821/904
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    More about this item

    Keywords

    rail network; HSR; China; CRRC;
    All these keywords.

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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