Until the mid-1990s, railway transportation was considered China's most important form of transportation. Then, under China's economic reforms, road and air transportation experienced tremendous growth while the railway system grew at a slower rate. In terms of passenger numbers, railway transportation as a share of the total transportation system has decreased over the past decade. Railway passenger turnover in 2013 totaled 106.0 trillion person-kilometers, about 38.4% of China's total transportation system.
Firms in the Passenger Rail Transport industry in China operate state-owned railways (invested by the central government); local railways (invested by local governments); and railways co-invested by enterprises and governments at different levels. Operations of railway terminals, station facilities or rail transit services in urban cities (i.e. light rail and subways) are not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.