National railway work conference was held, a clear "second five" objectives and tasks. Analysts pointed out that investment in railway construction during the second five lines will continue at a high level, making the railway construction, construction machinery and other investments will be implemented in order to enter the peak, investors can follow the high-speed rail and rail transit industry chain looking for investment opportunities.
Integrated media reported on January 5, the national railway work conference held today in Beijing. Conference conscientiously implement the Party's seventh session of the Fifth Plenary Session and the Central Economic Work Conference,glue stick the guidance of scientific concept of development, summed up in 2010 and the "Eleventh Five-Year" railway work, analysis of the situation facing, a clear "second five" target and mission, the deployment priorities in 2011 to mobilize the cadres and workers of the national railway united struggle, make persistent efforts to accelerate the modernization of the railway, sound and fast development of economy and society to make new and greater contributions.
"Twelve Five" to ensure that the following goals: improve the basic completion of the railway network developed: high-speed railway operating mileage of China this year, will add 4,715 km, the total mileage will exceed 13,000 km, the initial formation of wider coverage, greater effect of high-speed rail network .glue gun Minister of Railways Liu Zhijun said that arrangements for this year's national railway infrastructure investment 700 billion yuan, laying 7,935 km of new lines, double-track laying 6,211 km, 7,901 km of new lines put into operation, put into operation 6,861 km double track, 8,800 km electrified operation. This year, the railway sector will strengthen the construction management, complete the task of building the railway; basically realize modernization of technical equipment; the basic needs of economic and social development needs; greatly enhance the quality of transport service; staff to further improve production and living conditions.
2011 is the "second five" first year, is the key to promoting the modernization of the year the railway, the railway reform and development tasks are very arduous. Liu Zhijun requirements focus on the following eight areas: first, to ensure sustained and stable transportation safety; the second is to promote quality and efficient large-scale railway construction; third is to further enhance the ability of independent innovation; fourth, completed a comprehensive transportation and production tasks; Fifth, efforts to improve the quality of railway development; Six is to railway reform and opening up; seven further develop harmonious and stable internal environment; eight is to strengthen party building and ideological and political work.
Analysts said the building is itself a high-speed rail can pull a huge chain of many industries. During the second five railway infrastructure will be the peak period, making the railway construction, construction machinery, vehicles, equipment, electrical equipment will be implemented in order to enter the peak of investment, investors can follow the high-speed rail and rail transit industry chain looking for investment opportunities.
Donghai Securities: optimistic about the rail industry in 2011 as a whole.
Highway passenger traffic to achieve steady growth. October, the whole society to complete road transport passenger volume and passenger turnover was 2.71 billion and 1,401.4 billion person-kilometers, up 8.1% and 11.5%. Volume of road freight transport to grow rapidly. October, to complete the whole society cargo road transport and freight turnover was 21.8 million tons and 3,913.4 billion ton-km, an increase of 14.6% and 17.0%.
Three quarters of 2010, the highway industry to achieve revenues of 24.239 billion yuan, up 21.8%; net profit attributable to shareholders of listed companies 9.054 billion yuan, an increase of 22.44%. The first three quarters of this year's data, listed companies have better business than last year to improve the situation. One reason is the low base last year, the other macro-economic improvement is the main reason. We believe that the macro environment in the industry under the premise works well, the industry can be maintained at 10% to 15% of the annual growth rate.
We believe that in the upcoming 2011, the highway investment opportunities in the industry comes from two aspects: First, the auxiliary industry has more mature support for diversified companies beginning to take shape; the second is texture asset quality, operating conditions good value is significantly undervalued the company. We will be based on the two main lines, looking for investment in 2011, the subject of highway sections.
As the end of November 2010, the National Railway completed investment in fixed assets 6,878 billion yuan, up 35.58%.