Railway revenue targets
23/2/2004 15:18
China hopes for a profit of 2.5 billion yuan (US$302 million) this
year in the railway transport sector, according to recent business targets from
the Ministry of Railways.
The sector expects to carry some 180 million
passengers and 2.3 billion tons of cargo this year, with revenue predicted at
163 billion yuan, Eastday.com learned today at the national railway working
conference.
To meet these targets, the ministry will carry out the fifth
national speed-up program with the railway service in April and add more express
services as well as city-to-city services and tourism rides.
The cargo sector
will receive priority treatment for cargo, postal shipments, and containers, and
double-decker trains and non-stop rides will link material producing areas and
economically developed regions.
Jane Chen / Shanghai Daily news
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