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ID099576
Title ProperReform in China's transportation system and the world financial and economic crisis
LanguageENG
AuthorSazonov, Sergei
Publication2010.
Summary / Abstract (Note)This, the second, part of the article examines road, water, air, and pipeline transportation. China's focus on giving priority to the development of transportation industries over the past 30 years of reforms has made it the world's leader in container manufacture and containerized freight shipments and placed it second, after the U.S., in the length of high-speed highways and the number of air passengers. Development of all the transportation modes is financed predominantly from the government budget and depends on wise application of free-market mechanisms. The breakthroughs achieved by China's transportation industries are an illustration of its flexible crisis management strategy.
`In' analytical NoteFar Eastern Affairs Vol. 38, No. 3; 2010: p34-48
Journal SourceFar Eastern Affairs Vol. 38, No. 3; 2010: p34-48
Key WordsContainerized Freight Shipments ;  WTO ;  Shanghai ;  China ;  Automobile Industry ;  Shoudu Airport ;  Yangtze Drainage Area ;  West-East Gas Pipeline