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Guangzhou Railway Group
China Railway Guangzhou Group, officially abbreviated as CR Guangzhou or CR-Guangzhou, formerly, Guangzhou Railway (Group) Corporation from 1993 to 2017 and Guangzhou Railway Administration from 1953 to 1993, is a subsidiaries company under the jurisdiction of the China Railway (formerly the Ministry of Railway). It supervises the railway network within Guangdong, Hunan, and Hainan Provinces. Guangzhou Railway is the largest shareholder (37.12%) of Guangshen Railway, the operator of Guangzhou–Shenzhen Railway. Guangzhou Railway is a subsidiary of China Railway. Both companies were incorporated under the Law on Industrial Enterprises Owned by the Whole People, instead of newer Company Law of China. China Railway is a state-owned enterprise (replacing the Ministry of Railways) that the Ministry of Finance acted as the shareholder. The Chinese character means iron, but means railway, thus the company did not have any relation with Guangzhou Iron and Steel (). Equity invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law On Industrial Enterprises Owned By The Whole People
Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been variously described as a science and as the art of justice. State-enforced laws can be made by a group legislature or by a single legislator, resulting in statutes; by the executive through decrees and regulations; or established by judges through precedent, usually in common law jurisdictions. Private individuals may create legally binding contracts, including arbitration agreements that adopt alternative ways of resolving disputes to standard court litigation. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people. Legal systems vary between jurisdiction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railway Companies Established In 1993
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facilit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Railway Corporation
China State Railway Group Company, Ltd., doing business as China Railway (CR), is the national passenger and freight railroad corporation of the People's Republic of China. China Railway operates passenger and freight transport throughout China with 18 regional subsidiaries. By September 2022, the total assets of China Railway Group are CNY 9.06 trillion (USD 1.24 trillion). History Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on June 18, 2019, instead of Industrial Enterprises Owned by the Whole People. This meant the Ministry of Finance would act as an investor on behalf of the state and the company would be led by a board and managed by board-chosen executives. Logo The China Railway logo was designed by Chen Yuchang () (1912–1969), officially adopted on 22 January 1950. The whole logo represents the front of a locomotive. The upper part of the logo represents the Chinese character 人 (people), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pearl River Delta Metropolitan Region Intercity Railway
The Pearl River Delta Metropolitan Region Intercity Railway System (, abbreviated as PRDIR) is a regional higher-speed rail and suburban rail network being gradually constructed in the Pearl River Delta ( Yuegang'ao Greater Bay Area), People's Republic of China. The project's goal is to have every major urban center in the Yuegang'ao Greater Bay Area to be within one-hour travel by rail to Guangzhou. On March 16, 2005, the State Council approved plans for a regional high-speed commuter rail network for the Jingjinji, Yangtze River Delta and the Pearl River Delta. According to the plan, by 2020, the network will have a total route mileage of about . In September 2009, the plan was expanded to of routes split up into 23 lines. In the long term vision network length will reach by 2030. By then the network will provide basic coverage to the Pearl River Delta region. The Suishen ICR, Guanhui ICR and Guangfozhao ICR accept Alipay, avoiding the need to purchase tickets in advance. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PRDIR Logo Without Text
The Pearl River Delta Metropolitan Region Intercity Railway System (, abbreviated as PRDIR) is a regional higher-speed rail and suburban rail network being gradually constructed in the Pearl River Delta ( Yuegang'ao Greater Bay Area), People's Republic of China. The project's goal is to have every major urban center in the Yuegang'ao Greater Bay Area to be within one-hour travel by rail to Guangzhou. On March 16, 2005, the State Council approved plans for a regional high-speed commuter rail network for the Jingjinji, Yangtze River Delta and the Pearl River Delta. According to the plan, by 2020, the network will have a total route mileage of about . In September 2009, the plan was expanded to of routes split up into 23 lines. In the long term vision network length will reach by 2030. By then the network will provide basic coverage to the Pearl River Delta region. The Suishen ICR, Guanhui ICR and Guangfozhao ICR accept Alipay, avoiding the need to purchase tickets in advance. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guangdong Pearl River Delta Intercity Railway
The Pearl River Delta Metropolitan Region Intercity Railway System (, abbreviated as PRDIR) is a regional higher-speed rail and suburban rail network being gradually constructed in the Pearl River Delta ( Yuegang'ao Greater Bay Area), People's Republic of China. The project's goal is to have every major urban center in the Yuegang'ao Greater Bay Area to be within one-hour travel by rail to Guangzhou. On March 16, 2005, the State Council approved plans for a regional high-speed commuter rail network for the Jingjinji, Yangtze River Delta and the Pearl River Delta. According to the plan, by 2020, the network will have a total route mileage of about . In September 2009, the plan was expanded to of routes split up into 23 lines. In the long term vision network length will reach by 2030. By then the network will provide basic coverage to the Pearl River Delta region. The Suishen ICR, Guanhui ICR and Guangfozhao ICR accept Alipay, avoiding the need to purchase tickets in advance. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guangzhou Iron And Steel
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginning o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance Of The People's Republic Of China
The Ministry of Finance of the People's Republic of China () is the cabinet-level executive department of the State Council which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations and government expenditure for the state. The ministry also records and publishes annual macroeconomic data on China's economy. This includes information such as previous economic growth rates in China, central government debt and borrowing and many other indicators regarding the economy of Mainland China. The Ministry of Finance's remit is smaller than its counterparts in many other states. Macroeconomic management is primarily handled by the National Development and Reform Commission (NDRC). State-owned industries are the responsibility of the State-owned Assets Supervision and Administration Commission, and there are separate regulators for banking, insurance and securities. It also does not handle regulation of the money markets o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Railways (China)
Ministry may refer to: Government * Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister * Ministry (government department), a department of a government Religion * Christian ministry, activity by Christians to spread or express their faith ** Minister (Christianity), clergy authorized by a church or religious organization to perform teaching or rituals ** Ordination, the process by which individuals become clergy * Ministry of Jesus, activities described in the Christian gospels * ''Ministry'' (magazine), a magazine for pastors published by the Seventh-day Adventist Church Music * Ministry (band), an American industrial metal band * Ministry of Sound, a London nightclub and record label Fiction * Ministry (comics), a horror comic book created by writer-artist Lara J. Phillips * Ministry of Magic, governing body in the ''Harry Potter'' series * Ministry of Darkness, a professional wrestling stable l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
