Are They Speeding Up or Slowing Down? – The Future of the Chinese Rail System

 

By: Brendan Simonson

     The Chinese high speed rail system is one of the most vast and quickly expanding projects the country has taken on, and they have taken it on full force holding nothing back. With major cities within the Chinese boarders being hundreds of miles apart it is essential to the Chinese economy that a relation can be held between these cities and they are easy to get to one another. The high speed rail system in China has certainly done so.

     However, can this quick moving expansion and investment in the high speed rail system be kept up or will it be left behind? What exactly does the future hold for China’s high speed rail system?

      It is quite simple actually. China has no excuse or reason to stop this expansion.

     China will continue developing its high speed rail network in the face of rising public demand for travelling efficiency and for future economic development. China simply must keep the expansion and construction going on their country’s already thriving achievements in the field. Economic growth can be directly rooted in the continued expansion of high speed rail ways for China.

      China has implemented a few plans that is steering their blueprint for railway expansion and continued development which include some of the following:

·         Placing speed limitations on bullet trains for safety purposes following a fatal crash in east China that killed 40 people last July

·         The implementing of ATO, or Automatic Train Operation

·         To continue the progress already achieved at such a quick pace and provide consumers with a safe and enjoyable experience

      With China being one of the fastest growing economies to date the expansion and continued development of the high speed rail system is crucial to economic opportunity and improvement. This ambitious rail building and expansion is helping to integrate the economy of a sprawling and populous nation.

      Every situation no matter what has its pros and its cons. The Chinese high speed rail system is no different. There are numerous benefits that come out of it and that will continue to come out of it as the future of the Chinese rail system looks bright and promising. Yet like everything else there are negative draw backs and the Chinese high speed train system certainly has some issues and is looking like it will have some issues in the future of this growing industry.

      One of these lurking cons hanging over the Chinese high speed rail system is that the Minister or Railways, who is in charge of overseeing the whole industry and operations, recently asked the central government for an $800 billion Yuan ($126 billion dollar) bailout plan. Some compare this situation to that of Fannie Mae and Freddie Mac, which were the two US financial institutions in need of government bailout and assistance. This comparison simply reminds us of the severity of the Minister of Railways debt crisis he is facing going into the future. However, the US financial institutions focus on finance while the government led railway construction belongs to the real economy of China.

 Exporting Near Perfection

      This is exactly what the Chinese government and Minister or Railways see as one of the biggest, if not the biggest, contribution the railway will lend to China in the coming future. China believes the pace they set should be continued because as they continue to develop and enhance their products in the railway and high speed train industry the goal is to export their technology and materials to other countries interested in installing high speed rails within their own boarders.   

      By continuing what the Chinese people have almost perfected, the future of Chinese high speed rails lies in exporting their product. With exporting their product, the Chinese government and Minister of Railways led project can be a way to pay off the deficit they have surmounted from installing and putting in full affect the use of high speed rails in China.

      While no one exactly know what lies ahead in the future, this certainly holds true for the high speed rail system in China. Some predict it will slow and cause various other problems for the Chinese government, yet they are the precise individuals who see the benefits vast and see the payoffs right within their reach in the very near future.  

Simulator Perfection

 

The Future is Always be Pushed, Even by a Computer      

 

Is This the Future? Why Stop - It Only Slows you Down.