Rail Freight Reforms to Launch in May
(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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