RETROSPECT AND PROSPECT OF PUBLIC TRANSIT PRIVATIZATION IN CHINA

China has the largest public transit system in the world along with the most transit riders. The economic reform that brought along a fast socioeconomic transformation has also caused income disparities to widen among social classes and geographic regions. Many low income people as well as laid-off workers are transit captive riders. These low income people's interests must be met while public transit companies' economic profitability must also be met. These push and pull factors determine the extreme complexity and profound impacts of public transit privatization in China. This paper summarizes China's success or failure in public transit privatization with the view of the country's rising international status and the legacy of its socialist public ownership.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00964098
  • Record Type: Publication
  • Files: TRIS, ATRI
  • Created Date: Oct 21 2003 12:00AM