利用市场机制　加快铁路发展

Making Use of the Market Mechanism to Accelerate Development or Railway

筹集巨额资金是加快铁路建设的关键。靠提高运价实行内部积累是困难的，向社会集资必须利用市场机制，靠利益机制引导社会资金流向铁路。１９９３年铁路有近１２００亿元的可运用资金流向国家专业很行，故组建铁路投资银行是为铁路发展提供资金的重要保证。此外，也可利用贷款、发行债券、发行股票、合资经营、合作经营和国际租赁等方式吸引外资，来加快铁路发展。

o raise a large amount of capital is the key to accelerate the development of railway. It is difficult to rely on the internal accumulation by raising tariff. The market mechanism must be used when raising funds from the society. Benefit could attract investment to railway. In 1993, almost 120 billion yuan of usable capital flew to national specialized banks.Therefore, establishing railway investment bank would be an important guarantee to provide funds for railway investment and development. Besides, in order to speed up the development of railway, other methods could be used to attract foreign investment, such as using loans, issuing bonds and stocks, establishing joint ventures and running international leasing business.