China Railway Transportation and Equipment Industry Report, 2009-2010

To accelerate railway construction has been taken by2.2.3 High Speed Rail
China central government as an important measure to2.3 Railway Operation
stimulate domestic demand and propel economic2.4 Latest Railway Network Plan
growth since 2008, when the worldwide economic3 China's Railway Transportation Industry
downturn occurred. In 2009, China's railway fixed3.1 Development Overview
assets investment exceeded RMB700 billion, up 69.1%3.2 Railway Freight
year-on-year.3.2.1 Transportation Lines
With the recovery of the economy and rising3.2.2 Freight Capacity
investment in railway construction, the railway transport3.2.3 Locomotive Market
industry also has witnessed rapid growth. In 2009,3.3 Railway Passenger Transportation
China's railway achieved 86,000 km of operating3.3.1 Transportation Lines
mileage, surpassing Russia to rank the 2nd place3.3.2 Freight Capacity
around the world. Besides, it transported 1.53 billion3.3.3 Locomotive Market
passengers in all in 2009 around, up 4.3% year-on-year;4 Railway Equipment Industry
and 3.22 billion tons of cargo, rising 1.9% year-on-year.4.1 Entering a Golden Development Period
 4.2 Investment Layout
Apart from the analysis on the status quo of railway4.3 Market Scale
investment & construction and passenger &4.4 Production
freight transport in China, the report also highlights the4.4.1 Locomotive
supply & demand, competition layout and key4.4.2 Passenger Coach
companies of railway locomotive, passenger car,4.4.3 Wagon
wagon and EMU.4.4.4 EMU
 4.5 Demand
Locomotive: The period of 2005-2009 witnessed the4.6 Import & Export
acceleration of China's locomotive growth, and the4.6.1 Import
output reached 1,810 units in 2009, up 23.6% from a4.6.2 Export
year earlier, which was 2.2 times that of 2005. With4.6.3 Import & Export Comparison
the improving rate of railway network electrification4.6.4 Export Orders of Key Companies
and the development of high-power locomotive, it is4.7 Competition
expected that China's locomotive demand will be5 Key Locomotive Companies
nearly 2,000 units in 2011 and around 2,200 units in 2012.5.1 Competition Pattern
Railway Wagon: During 2009H1, the wagon market5.2 Key Electric Locomotive Companies
remained depression, which resulted in a 25.5% y-o-y5.2.1 CSR Zhuzhou Electric Locomotive Co., Ltd
drop in wagon output of the whole year, down to5.2.2 CSR Qishuyan Locomotive Co., Ltd
44,122 sets. In spite of a fall in the growth of the5.2.3 CNR Dalian Locomotive & Rolling Stock Co.,
wagon industry in 2009, the wagon suppliers withLtd
certain competitiveness still made remarkable5.2.4 CNR Datong Electric Locomotive Co., Ltd
achievements, for instance, CNR Qiqihar Railway5.3 Key Diesel Locomotive Companies
Rolling Stock Co., Ltd, China's biggest manufacturer of5.3.1 CSR Qishuyan Locomotive Co., Ltd
railway wagon, took a 27% market share, and its5.3.2 CNR Dalian Locomotive & Rolling Stock Co.,
sales revenue reached RMB5.67 billion in 2009, upLtd
11.6% year-on-year; and wagon output was 12,0006 Key EMU Companies
tons, up 14% year-on-year.6.1 Competition Pattern
Railway Passenger Coach: Fueled by the policy of6.2 CSR Sifang Locomotive & Rolling Stock Co.,
making up for the shortage of freight traffic byLtd
increasing the passenger traffic carried out by the6.2.1 Profile
Ministry of Railways of the People's Republic of China,6.2.2 Operation
China's Railway passenger coach made6.2.3 Competitive Edge of Products
breakthroughs in 2009, with the population hitting 49,3556.2.4 Development Plan
units, up 9.5% from a year earlier; and the output 7,1676.3 CNR Tangshan Railway Vehicle Co., Ltd
sets, rising 142.3% year-on-year.6.3.1 Profile
EMU: CSR and CNR, China's biggest suppliers of6.3.2 Competitive Edge of Products
railway locomotive and rolling stock, respectively6.3.3 Development Plan
accounts for 60% and 40% shares in EMU field. In7 Key Railway Vehicle Companies
2009, they both delivered 89 EMUs in total, CSR 497.1 CNR Changchun Railway Vehicles Co., Ltd
and CNR 40 separately.7.1.1 Profile
As four vertical and four horizontal railway passenger7.1.2 Products
transportation lines and intercity railways in six7.2 CSR Nanjing Puzhen Rolling Stock Works
metropolitan areas have been successively7.2.1 Profile
constructed, EMU in China will enter a rapid7.2.2 Products
development period in the future and the delivery of8 Key Railway Lorry Companies
EMUs will grow incessantly. It is expected that the8.1 Competition Layout
EMU delivery of CSR and CNR will arrive at 200 units8.2 CNR Qiqihar Railway Rolling Stock Co., Ltd
and 150 units respectively in 2011.8.2.1 Profile
Table of Contents8.2.2 Products
1. Development Environment of China's Railway8.2.3 Technical Strength
Transportation Industry8.3 Baotou Beifang Chuangye Co., Ltd
1.1 Policy Environment8.3.1 Profile
1.1.1 Policies Related to Railway Transport8.3.2 Products
1.1.2 Policies Related to Railway Equipment8.4 CSR Zhuzhou Rolling Stock Works
1.2 Social Environment8.4.1 Profile
1.2.1 Urbanization8.4.2 Products
1.2.2 Transport with the Trend of Low Carbon8.4.3 Technical Strength
1.2.3 Transport with the Trend of Low Energy8.5 Chongqing Changzheng Heavy Industry Co., Ltd
Consumption8.5.1 Profile
2. Status Quo of China's Railway Investment &8.5.2 Products
Construction8.5.3 Strategies
2.1 Investment8.6 CSR Yangtze Rolling Stock Co., Ltd
2.2 Railway Network Construction8.6.1 Profile
2.2.1 National Backbone Network8.6.
2.2.2 Regional Railway Trunkline Network