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Railway profit is expected to attract social capital price short-term will not rise

2015-01-06
The national development and Reform Commission announced the reform of railway transport notice, a railway industry executives to the twenty-first Century economic report reporter said, the railway tariff reform pace is too small, two is a species involved too few, three is not a clear timetable.
Let go though conducive to attract social capital investment in railway construction, but the policy of overall has little effect on the existing pattern of losses, also contribute to the total iron.
Tariff reform when activated, pricing rules when a new implementation, revision of relevant provisions of the date yet to be executed, as revised when the railway law related provisions to complete, there is no clear timetable.
In January 4th, the national development and Reform Commission published the "notice on" let go of railway transportation product price part, the notice stipulates: railway bulk cargo express railway package transportation price, price, and the social capital investment holding new railway freight, social capital investment holding new railway passenger fares and regulated by the market price, the railway transport enterprise can according to the production and business operation the cost, the market supply and demand and competition status, social capacity, independently determine the specific transport price.
Deputy director of lab of industry and Policy Research Institute of traffic comprehensive transportation study of national development and Reform Commission said Li Kun, development and Reform Commission was open part of the railway transport price, mainly is the need to deepen the reform of the system. Eighteen big since, our country accelerate the marketing reform, take the transformation of government functions, decentralization further invigorate the market moves. Pricing is the key link to establish the system mechanism of the market, so that enterprises have greater pricing power is conducive to deepening the system reform, better play the role of the market.
Reform can not accomplish at one stroke
The price reform of the railway cargo express, refers to fast freight transport organization mode, provide the bulk of fast transportation and logistics services throughout the railway transportation product.
While the social capital investment holdings of railway, railway passenger dedicated line, means that in addition to the financial capital of the peoples governments at all levels, and Chinese Railway Corporation and its subordinate, holding enterprises, the peoples governments at all levels Railway (traffic) outside investment companies, railway or railway passenger dedicated line by other economic organization investment holding.
Under the influence of year January 5th notice, the stock market opened on the first day, associated with the railway transportation Daqin Railway, Guangzhou Shenzhen railway stock, as of press time, the stock price rise in varying degrees.
But many of the surveyed industry professionals, experts and officials of the Department of Railways for twenty-first Century economic report reporters, railway tariff reform could not accomplish at one stroke, the notice is one step in the process of reform started, its influence on the railway market and the overall price level is probably very limited.
It seems that in the industry experts, the national development and Reform Commission that it did not have a breakthrough on major changes to the status quo, reform movements are still too small. The experts also pointed out that, bulk and wrapped in railway freight transport system in the proportion is very low, so even if let go of these two types of goods pricing power, to the whole freight organization reform only symbolic significance.
North Jiaotong University, Portage College professor Hu Siji said, the notification referred to in the bulk cargo express price, railway parcel transportation business, in the general business of railway transportation volume proportion of minimal, even less than one percent, and the business is also the market competition is extremely intense field.
"At present, aviation, highway express transportation has the upper hand, the railway is only in recent years began large-scale involvement express this business, these two years, the railway departments have launched the freight train, High-speed Rail express business." Hu Siji thinks, at present the intense competition situation, the railway to according to the development and Reform Commission this notice to implement a price increase is very difficult, a price Im afraid will lose some sources, is ultimately The loss outweighs the gain.
Profit is expected to attract social capital
The open transport prices, it seems that in the industry, the more important is the need to advance the development of infrastructure.
Li Kun points out, has been the State Council hopes to promote the reform of the railway investment and financing system, encourage social capital to participate in railway construction investment, but to little effect, reason is to attract social capital admission requires clear profit expectations, in the past under price control, capital profit ability of big question mark, so must release the price regulation in some special railway project, make enterprises have pricing power. "Industry to develop, the price can not control entirely by the state, need to have diversified structure."
In fact, last year the State Council published in 33 languages, namely, "on the reform of railway investment and financing system of speeding up the railway construction opinions" have been proposed, will create the condition, the railway freight prices fixed by the government instead of the government guidance price.
Li Kun thinks, our country is in the period of accelerating the construction of infrastructure, the future railway construction task is heavy, the huge investment, indebted rate is high, the urgent need to attract social funds to enter the railway industry.

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