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Chongqing Rail Transit Financing Model Research

Posted on:2013-09-12Degree:MasterType:Thesis
Country:ChinaCandidate:Y H LvFull Text:PDF
GTID:2249330362973694Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
With the development of the urbanization process, the population is heavilyconcentrated to the city, great impact on urban transport and the environment. Urban railtransit has a large volume quickly and easily, safely and on time, pollution-free, off-roadresources, is becoming an important choice for cities to address urban transportproblems. However, rail transport has the nature of the quasi-public goods, andinvestment in large-scale, long period, can not be achieved profit within a short periodof time, the existing financing model has been unable to meet the demand of funds fordevelopment of rail transportation, financing difficulties hinder the development ofChina’s rail transport. This paper attempts to study the mode of rail transit financing,summed up the problems in our rail traffic financing, and put forward ideas andsuggestions for optimization.This paper uses a literature search and case analysis, an overview of domestic andinternational rail traffic financing situation, summed up the common problems that existin our rail traffic financing. Then, Chongqing Rail Transit, for example, collected inChongqing Rail Transit Construction and operation data, and use graphs and dataanalysis methods, summarized the main problems of Chongqing Rail Transit, and find asolution to the problem of financinga breakthrough. Also provide a reference for otherurban rail transit financing.This article from the perspective of the market and the government put forward asolution ideas. Market is to encourage rail transport companies to take a multi-channelfinancing, especially to strengthen the stock of asset re-use and commercialdevelopment of space resources of the rail transportation. Government’s role is mainlyreflected in two aspects, one is provide policy support for the diversified marketfinancing model and strengthen market supervision, to create a favorable financingenvironment; second is to take the financial subsidies or policy credits to balance themarket-oriented operationgap.
Keywords/Search Tags:Rail Transit, Financing Mode, Stock assets, Policy Suggestions
PDF Full Text Request
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