Chinese Vice-premier Outlines Railway Targets for 2003

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Last updated at: (Beijing Time) Monday, December 30, 2002

Chinese Vice-premier Outlines Railway Targets for 2003

Chinese Vice-Premier Wu Bangguo has urged China's railway sector staff to bring a pioneering spirit to their jobs and work hard in all respects in 2003.

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Chinese Vice-Premier Wu Bangguo has urged China's railway sector staff to bring a pioneering spirit to their jobs and work hard in all respects in 2003.

Priority would be placed on easing transport pressure on busy lines, construction of railways in western China, railway sector reforms and workplace safety, said Wu, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee.

He made the remarks in Beijing Sunday after hearing reports by Ministry of Railways officials and highly praised the achievements in railway construction in recent years.

Outlining the blueprint, Wu said the railway sector's technical equipment by 2020 should equal or surpass that of developed countries. The transport capacity, quality and services of the railway industry should keep abreast with the requirements of building a comparatively prosperous society in an all-round way.

He listed reforms, construction of key projects such as the Qinghai-Tibet Railway, improvement of transport efficiency, upgrading of railway technology and boosting Party building as major tasks for the railway industry in 2003.

Railway Transportation Revenue Hits Record

China's railway transportation services have recorded an unprecedented 170 billion US dollars in revenue, up about 70 per cent over the results in 1997.

Minister of Railway Fu Zhihuan says in the past 5 years, the volume of transported freight has experienced rapid development.

The minister also noted that the larger volume comes despite massive flooding on the Yangtze River in 1998 and the crippling financial crisis that broke out in Asia a few years ago.

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