Released on = October 12, 2006, 5:06 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = With the launch of train between Guangzhou, Shanghai and
Lhasa, passengers find it easy and less expensive to go back and forth.

Press Release Body = Passengers from Guangzhou and Shanghai will now be able to
commute directly to the Tibetan capital “Lhasa” via train. From October
1, 2006, a train will depart from Shanghai every couple of days, to arrive in the
capital in just over fifty hours.

Official statistics show trains carrying approximately 450,000 passengers and
shipping about 100,000 tons of freight in & out of the region (Tibetan region) by
mid September. The shipments delivered to Tibet comprise of coal, food, building
materials and living necessities. Cargos dispatched from Tibet are particularly
ores, which include chrome, irons, and boron. Volume is likely to touch 200,000 tons
in all this year.

Railway ministry anticipates the railway to carry 75% of the total 2.8Mn tons of
freight in and out of the Tibetan region by 2010. This confidence has been
instigated by the fact that, at present, the cost of transportation via train is far
less as compared to transportation via road.

However, train to Lhasa will lower the costs of building materials such as cement
and living necessities. It’ll also spur the growth of pillar industries on the
flat terrain such as tourism.

RNCOS- a market research and analysis firm- has recently published a report
“China Transportation Sector Analysis (2006-2007)”. According to this
report, “With the FDI approval and economic growth in 2003, rail system of the
nation is fast expanding and modernizing. Total 74408-kilometers length comprises
double track of 24908-kilometers and electrified track of 19303-kilometers”.

“Annual investment in China railway will reach near $8Bn by 2010. Half of the
total investment in railway is planned for Western China projects, including the
world's largest railway that’ll link Qinghai with Tibet”, as per an industry expert at RNCOS.

Key highlights of the report:

- Scope of the China transport industry.
- Key competitors in China’s Transportation industry.
- Challenges and opportunities in China Transport Industry.
- Key driving forces for the transport industry in China.
- Major obstacles in the China’s transportation sector.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM062.htm
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