Report On China Railway Transport Equipment Industry

China Railway Transport Equipment Industry Report

, 2009-2010

In 2009, Chinas investments into railway construction showed a growth rate of above 100%. The demand for railway transport equipment such as locomotive, freight wagon, passenger coach, etc. brought by Chinas railway construction will bring along the rapid development of railway transport equipment industry. ( http://www.bharatbook.com/detail.asp?id=135368&rt=China-Railway-Transport-Equipment-Industry-Report-2009-2010.html )

Chinas traditional passenger coach, freight wagon and otherwise experienced a slowly steady growth in 2009. Under the backdrop of electrification of Chinese railways and the increasing construction of high-speed railway & urban rail transit, products like AC transmission high-power locomotive, electric locomotive, electric multiple units (EMU), urban rail & subway vehicle have been the highlights of market growth in this industry. Taking China South Locomotive & Rolling Stock Corporation Limited (CSR) as an example, in 2009, the market growth rate of its locomotive, EMU, urban rail & subway turned out to be 73.06%, 39.95%, and 70.55%, respectively.

From the perspective of market competition structure, CNR (China CNR Corporation Limited) and CSR are dominating the current railway transport equipment market of China: CNR takes a respective share of 66.6%, 51.4% and 40% in the markets of diesel locomotive, EMU with 300km/h and above, and Type-B subway; while CSR enjoys superiority in electric locomotive and Type-A subway, and it boasts of a lions share of 84.39% in 200-205km/h EMU market.

As the key subordinate enterprise of CNR, CNR Changchun currently accounts for 50% share of the total quantity of passenger trains in China and 40% of the in-service quantity of urban rail & subway vehicles. In 2009, the business revenue of CNR Changchun was RMB5.77 billion, and its new orders originated primarily from such business as subway vehicles, EMU and so forth.

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