| Publication |
2010.
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| Summary/Abstract |
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.
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