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Study of China’s High-Speed Rail Market

Q1 2023
Eurasia Development Group: China’s high-speed rail network extends for 42,000 km, making it the largest in the world.

China’s high-speed rail network supports efficient regional integration and contributes to economic growth.

The study examines the current size of the network, expansion plans through 2027, and investment in high-speed rail development as a new platform for international cooperation.

Key Findings
  • More than 50% of newly commissioned railway lines are high-speed, supporting the rapid expansion of the network.
  • Investment in transport infrastructure reached USD 537 billion in 2022, of which USD 100 billion was allocated to railways.
  • China’s high-speed rail network is expected to grow by 26% by 2027, reaching 53,000 km, in line with the government’s five-year plan.
Market Drivers

Growth in domestic trade and industrial production, government subsidies, and infrastructure development plans are driving substantial investment in the railway network.
The rapid construction of high-speed lines is also supported by the government’s objectives to increase population mobility and create jobs.
What This Means for Russian Players

  • Import of locomotives, railcars, and components for high-speed rail networks from CRRC.
  • Participation in the construction of new lines through joint ventures and EPC contracts.
Use the link below to download the report ↓
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