Equipment Industry Report,
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- Moris Henry
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1 China Railway a Transportation and Equipment Industry Report, To accelerate railway construction has been taken by China central government as an important measure to stimulate domestic demand and propel economic growth since 2008, when the worldwide economic downturn occurred. In 2009, China s railway fixed assets investment exceeded RMB700 billion, up 69.1% year-on-year. With the recovery of the economy and rising investment in railway construction, the railway transport industry also has witnessed rapid growth. In 2009, China s railway achieved 86,000 km of operating mileage, surpassing Russia to rank the 2nd place around the world. Besides, it transported 1.53 billion passengers in all in 2009 around, up 4.3% year-on-year; and 3.22 billion tons of cargo, rising 1.9% year-on-year.
2 Y-o-Y Growth of China s Railway Fixed Assets Investment, Source: Ministry of Railways Locomotive: The period of witnessed the acceleration of China s locomotive growth, and the output reached 1,810 units in 2009, up 23.6% from a year earlier, which was 2.2 times that of With the improving rate of railway network electrification and the development of high-power locomotive, it is expected that China s locomotive demand will be nearly 2,000 units in 2011 and around 2,200 units in Railway Wagon: During 2009H1, the wagon market remained depression, which resulted in a 25.5% y-o-y y drop in wagon output of the whole year, down to 44,122 sets. In spite of a fall in the growth of the wagon industry in 2009, the wagon suppliers with certain competitiveness still made remarkable achievements, for instance, CNR Qiqihar Railway Rolling Stock Co., Ltd, China s biggest manufacturer of railway wagon, took a 27% market share, and its sales revenue reached RMB5.67 billion in 2009, up 11.6% year-on-year; and wagon output was 12,000 tons, up 14% year-on-year.
3 Railway Passenger Coach: Fueled by the policy of making up for the shortage of freight traffic by increasing the passenger traffic carried out by the Ministry of Railways of the People s Republic of China, China s Railway passenger coach made breakthroughs in 2009, with the population hitting 49,355 units, up 9.5% from a year earlier; and the output 7,167 sets, rising 142.3% year-on-year. EMU: CSR and CNR, China s biggest suppliers of railway locomotive and rolling stock, respectively accounts for 60% and 40% shares in EMU field. In 2009, they both delivered 89 EMUs in total, CSR 49 and CNR 40 separately. EMU Delivery of CSR and CNR, E Source: ResearchInChina As four vertical and four horizontal railway passenger transportation lines and intercity railways in six metropolitan areas have been successively constructed, EMU in China will enter a rapid development period in the future and the delivery of EMUs will grow incessantly. It is expected that the EMU delivery of CSR and CNR will arrive at 200 units and 150 units respectively in 2011.
4 Table of Contents 1. Development Environment of China s Railway Transportation Industry 1.1 Policy Environment Policies Related to Railway Transport Policies Related to Railway Equipment 1.2 Social Environment Urbanization Transport with the Trend of Low Carbon Transport with the Trend of Low Energy Consumption 2. Status Quo of China s Railway Investment & Construction 2.4 Latest Railway Network Plan 3 China s Railway Transportation Industry 3.1 Development Overview 3.2 Railway Freight Transportation Lines Freight Capacity Locomotive Market 3.3 Railway Passenger Transportation Transportation Lines Freight Capacity Locomotive Market 2.1 Investment 2.2 Railway Network Construction National Backbone Network Regional Railway Trunkline Network High Speed Rail 2.3 Railway Operation 4 Railway Equipment Industry 4.1 Entering a Golden Development Period 4.2 Investment Layout 4.3 Market Scale 4.4 Production
5 4.4.1 Locomotive Passenger Coach Wagon EMU 4.5 Demand 4.6 Import & Export Import Export Import & Export Comparison Export Orders of Key Companies 4.7 Competition 5 Key Locomotive Companies 5.1 Competition Pattern 5.2 Key Electric Locomotive Companies CSR Zhuzhou Electric Locomotive Co., Ltd CSR Qishuyan Locomotive Co., Ltd CNR Dalian Locomotive & Rolling Stock Co., Ltd 524CNRD Datong Electric ti Locomotive Co., Ltd 5.3 Key Diesel Locomotive Companies CSR Qishuyan Locomotive Co., Ltd CNR Dalian Locomotive & Rolling Stock Co., Ltd 6 Key EMU Companies 6.1 Competition Pattern 6.2 CSR Sifang Locomotive & Rolling Stock Co., Ltd Profile Operation Competitive Edge of Products Development Plan 6.3 CNR Tangshan Railway Vehicle Co., Ltd Profile Competitive Edge of Products Development Plan 7 Key Railway Vehicle Companies 7.1 CNR Changchun Railway Vehicles Co., Ltd Profile Products 7.2 CSR Nanjing Puzhen Rolling Stock Works
6 7.2.1 Profile Products 8 Key Railway Lorry Companies 8.1 Competition Layout 8.2 CNR Qiqihar Railway Rolling Stock Co., Ltd Profile Products Technical Strength 8.3 Baotou Beifang Chuangye Co., Ltd Profile Products 8.4 CSR Zhuzhou Rolling Stock Works Profile Products Technical Strength 8.5 Chongqing Changzheng Heavy Industry Co., Ltd 851Profile Products Strategies 8.6 CSR Yangtze Rolling Stock Co., Ltd Profile Products
7 Selected Charts China s Related Policies to Railway Transportation, China s Urban and Rural Population and Urbanization Rate, Number and Forecast of Large-size Cities, Origins of Carbon Dioxide from Mankind Activity Worldwide Origins of Carbon Dioxide Produced by Transportation of EU 27 Countries Energy Consumption and CO2 Emissions by Transportation Mode China s National Railway Chemical Oxygen Demand and Carbon Dioxide Emissions, Energy Consumption Density of Freight Energy Consumption Density of Passenger Transportation Railway Fixed-assets Investment Categories, 2009 China s Railway Fixed-assets Investment, Q1 China s Railway Infrastructure Investment, Q1 Changes in the Ratio of Investments t Made by Ministry i of Railways of P.R.C, Railway Fixed Assets Investment Capital Sources, Five Vertical and Three Horizontal Trunk Lines of China Railways China s Regional Railway Trunk Line Network World s High Speed Rail Operating Lines World s High Speed Rail Market Investment of China s Key Built High Speed Rail Projects, Net Profit Margin of Transportation Division, Japan s Railway Operating Company Operating Cost of JR-West Company
8 Operating Cost of JR East Company Taiwan High Speed Rail Investment Cost Structure China s Railway Operating Mileage, Objectives of China s Railway Plan China s Cargo Turnover Structure by Transport Means, 1978&2009 China s Passenger Turnover Structure by Transport Means, 1978&2008 China s Passenger and Cargo Transportation CAGR by Transport Means, China s Main Freight Lines Medium and Long-term Planning for Railway Coal Transportation System China s Railway Cargo Delivery Quantity and Y-o-Y Changes, China s Railway Freight Turnover, China s Railway Freight Locomotive Population, China s Main Passenger Transportation Lines Construction Plan of China s Passenger Transportation Lines Intercity Railway Construction Plan China s Railway Passenger Delivery Volume, China s Railway Passenger Turnover, China s Railway Locomotive Population, Market Capacity and Growth Expectation of China s Railway Equipment Industry, China s Vehicle Investment Categories, 2008 China s Locomotive Population, E China s Railway Passenger Coach Population, E China s Railway Wagon Population, E China s Locomotive Procurement Investment and Y-o-Y Changes, China s Locomotive Output,
9 China s Railway Passenger Coach Output, China s Railway Wagon Output, China s Locomotive, Passenger Coach and Wagon Output, 2009-Mar, 2010 Japan s and Germany s EMU Population and Density China s EMU Population and Newly-added Volume Forecast China s EMU Market Capacity, E EMU Bidding in Past Years China s Electrification Rate, E China s Electric Locomotive Population, E China s Locomotive Demand, E Railway Vehicle, Rail Equipment and Signal Equipment Import Value and Y-o-Y Change, Railway Vehicle, Rail Equipment and Signal Equipment Import Value and Y-o-Y Change in China, Jan-Dec, 2009 Four Types of Railway Equipment Export Contracts Railway Vehicle, Rail Equipment and Signal Equipment Export Value and Y-o-Y Change, Railway Vehicle, Rail Equipment and Signal Equipment Export Value and Y-o-Y Change in China, Jan-Dec, 2009 Export Orders (Partial) of CNR in Recent Years Export Orders (Partial) of CSR in Recent Years Operating Revenue Comparison between CNR and CSR, Main Business Revenue Comparison between CNR and CSR, 2009 Market Share of Harmony AC Drive Locomotive Order Market Share of 9600KW Harmony AC Drive Locomotive Order Large-power AC Locomotive Order,
10 Financial Data of Lioho Light Alloy (Kunshan), Financial Data of Changfeng Lioho, Financial Data of Nanhai Zhongnan Aluminum Wheel, Financial Data of Hengju Aluminum, , 2007 Members of Wanfeng Auto Financial i Data of Wanfeng Auto, Revenue, Cost & Operating Profit Margin of Wanfeng Auto Wheel by Product, Cost Structure of Wanfeng Auto Wheel, Cost Structure t of Wanfeng Auto Wheel, Revenue & Operating Profit of Weihai Wanfeng Auto, Revenue & Net Profit of Ningbo Orwell, Financial Data of Shenyang Durui, Financial Data of Shenyang Sanhua Durui, Financial Data of Shanghai Jinheli, Shipment of Superior Industries International Attributable to 3 Large American Automakers, Automobile Models Supported by Superior Industries International Global Presence of Hayes Lemmerz Financial Data of Enkei Aluminium Industry (China), Financial Data of Dongfeng g Suizhou Wheel Factory, Financial Data of Jiangsu Yuantong, Financial Data of Guangzhou Zhongjing, Revenue and Operating Profit in Automobile, Motorcycle and Construction Machinery Parts Sectors, FY2004-FY2009 Global Wheel Production Bases of TOPY Financial Data of Dicastal Asahi Aluminum,
11 Operating Revenue and Net Profit of CSR Zhuzhou Electric Locomotive Co., Ltd, Electric Locomotive Order of CSR Zhuzhou Electric Locomotive Co., Ltd in Recent Years Operating Revenue and Net Profit of CSR Qishuyan Locomotive Co., Ltd, China s EMU Market Shares km/hour EMU Market Share CSR and CNR EMU Delivery Volume, E Operating Revenue and Net Profit of CSR Sifang Locomotive & Rolling Stock Co., Ltd, Nine Core Technologies for EMU EMU Bid Winning of CSR Sifang Locomotive & Rolling Stock Co., Ltd in Past Years Passenger Coach Orders of CSR Puzhen in Recent Years Competition Pattern of China s Railway Wagon Companies, 2009 Revenue Ratios of Baotou Beifang Chuangye Co., Ltd by Product
12 How to Buy Product details USD File Single user 1,900 PDF Enterprisewide 2,900 PDF Publication date: June 2010 How to Order By By fax: By online: For more information, call our office in Beijing, China: Tel: Website:
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