Loss of 50 billion in 6 months, 1.4 billion people "cannot feed", this central enterprise finally ushered in reform this month

From the paper data, China is the real high-speed rail country. China has a large population and a wide area, and the tourism industry is particularly developed. Because of this, it is reasonable to build many high-speed rails. According to statistics, the total mileage of China's high-speed rail has exceeded 36,000 kilometers. At the same time, high-speed rail has reached 180 prefecture-level cities and 370 county-level cities across the country, ranking first in the world. As we all know, building a high-speed rail requires a lot of cost, so China's high-speed rail projects have been losing money in recent years. Only six lines in major cities such as Nanjing, Guangzhou, Shenzhen, Beijing and Shanghai are profitable. The debt of China Railway Corporation is as high as 5.80 trillion.

Even if it is a loss-making business, high-speed railways have been built all over the country to protect people's livelihood. If this progress continues, the high-speed rail will sooner or later become the most important way for Chinese people to travel.

▲China Railway Corporation

The influence of China's high-speed rail continues to expand

With the improvement of people's living standards and the development of economic construction, the country has invested more money in infrastructure. China's high-speed rail has also developed rapidly in recent years, and soon ranked among the best in the world, which also promoted China's economic development and exchanges. But our goal is to go to the world, so China has to work hard to promote its own technology to the world, and let other countries see our heroism. It's a coincidence that this opportunity has come. Not long ago, China was the first overseas high-speed rail project. News of the construction of of the Jakarta-Bandung high-speed rail is expected to be opened as planned.

▲The Jakarta-Bandung high-speed rail project


This project has a history. It is said that China and Japan bid for the bid. In the end, this project was won and the Indonesian order was nearly 5.1 billion US dollars. This is also very meaningful for China. Taking down this high-speed rail project means that China's high-speed rail industry has been recognized by the world, and China's international influence has been enhanced.

▲Harmony High Speed ​​Rail

The high-speed rail project that has been losing money

has a latest statistical claim,High-speed is also at a loss, with a loss of almost 414.5 billion in 2016. On January 31, at the end of the first half of the year, China Railway Group released its financial report for the first half of 2021. In the first half of this year alone, revenue was 512.77 billion yuan, an increase of 108.8 billion yuan over the first half of last year.

Although the revenue of the National Railways has increased, which is good news, it is still at a loss as a whole, with a loss of nearly 50.7 billion yuan in the first half of the year. However, compared with last year, the loss has begun to decrease. In the first half of last year, the National Railway Group directly lost 95.5 billion yuan. Until June 30 this year, China Railway Group's total assets were 8.76 trillion yuan, total liabilities were 5.80 trillion yuan, and the debt ratio was nearly 66.2%. There was no change from the end of last year. Because of the loss of highways and railways, it has been decided to start reforms.

▲High-speed road

The reason for the high-speed rail and high-speed loss?

First of all, the cost of high-speed rail construction or post-maintenance is very high, involving many regions and personnel, and the wages and investment of various personnel are not cheap. At the same time, compared with overseas, China's high-speed rail construction cost is only one-third or one-half of the foreign high-speed rail construction cost, and China's high-speed rail construction cost is still as high as 150 million yuan/km. At this price, more than 100 billion yuan will be invested in a 1,000-kilometer railway.

There are many newly-built railways in western my country, such as the Sichuan-Tibet Railway, especially for topographical reasons, the construction is very difficult, the capital investment is also large, and the economic income is not much benefit. Therefore, this railway has been losing money overall. So, if you buy a 100 yuan high-speed rail ticket, the high-speed rail group will have a debt of 1,460.43 yuan, an interest of 137.30 yuan, and an investment of 224.90 yuan.

Is high investment necessarily high income? Since there is a loss, why do we need to vigorously build and develop?

According to statistics, the most expensive railway is Hong Kong. A high-speed railway is only 36 kilometers long, but the cost is a terrible 73.3 billion yuan, which requires an average of 2.8 billion yuan per kilometer, which is 28 times the cost of a one-kilometer railway in China.

When these units built railways,It cannot be measured by making money alone, but also by taking into account social and economic factors, environmental factors, and so on. In fact, high-speed railways are not only superficial but also have losses. Although in general, China's high-speed rail is at a loss. However, the railway drove the economic development of that area and brought great convenience to the people. This is a great honor for the common people.

▲Hanyi High Speed ​​Railway

But the United States did not vigorously build it. Why? The United States is not only short of money, their government also feels that there is no need to spend this money. After all, the benefits of railways are great and require a lot of talents. To get rich, build roads first. For some rural areas and underdeveloped areas, the construction of high-speed rail can not only strengthen the connection between poor areas and cities, but also promote the development of poor and underdeveloped areas and promote regional development.

▲High-speed rail interior

The construction of high-speed rail has greatly promoted the development of the region. If the transportation is not very convenient, it will not develop. In other words, if we develop well, when the opportunity comes, we will not be helpless.

Previously, according to published data, the cumulative number of passengers transported by railways in the first half of the year was almost 1.36 billion, a year-on-year increase of 67%. However, compared with more than 1.7 billion passengers in the first half of 2019, the current passenger flow is still relatively small. In May of this year, the number of railway passengers sent reached 95.5% of the same period in 2019, and the single-day passenger flow exceeded 18 million for the first time, which is the highest single-day in history.

Conclusion

High-speed rail plays an important role in the development of the country. Therefore, even if the high-speed rail project has not achieved profitability in these years, the country will still not give up the development of this project. People’s lives have also become more convenient because of the ever-improving high-speed rail lines. Now in a huge country like China, because of the high-speed rail links, it seems that the distance between various regions has become closer and people’s communication has become more convenient.

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