Caixin OnlineBusiness & IndustryTop Stories Industry Rail Freight Reforms to Launch in May
04.18.2013 17:05

Rail Freight Reforms to Launch in May

Newly-created China Railway Corp. said freight policies will include more flexible cargo loading schedules
By staff reporter Lu Bingyang
A

(Beijing) – Railway freight transportation reforms will be kicked off in early May, the newly-created state-owned company China Railway Corp. (CRC) said at a recent teleconference.

There is an urgent need to raise the economic performance of the railways, Sheng Guangzu, party secretary and president of CRC, said at the meeting. Sheng added the CRC and its 18 subsidiaries will not spare any effort in implementing the reform measures.

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