Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway G...Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.展开更多
In the evolution of modern railway thought,it includes not only the discussion of railway planning,sovereignty,debt,and construction,but also the discussion of spiritual guiding ideology such as“Tao,body and utility...In the evolution of modern railway thought,it includes not only the discussion of railway planning,sovereignty,debt,and construction,but also the discussion of spiritual guiding ideology such as“Tao,body and utility”and“material and spirit”.From the perspective of the relationship between road and equipment,the development of modern railway thought in China has experienced three stages.During the Westernization Movement,Li Hongzhang and other people expounded the benefits brought by railway construction from the angle of“utility”,and believed that there was still a unity of“Tao and style”.After the Sino-Japanese Naval Battle,with the emergence of the theory of railway sovereignty and the theory of dividing China,Kang Youwei and others questioned the thought of Westernization school.The unified Tao body was divided into two parts:China and the West.After the May Fourth Movement,railway,as a product of western material civilization,was compared with Eastern spiritual civilization by Liang Shuming,Li Dazhao,and others.The conflict between material and spirit made the Western“Tao style”evolve into the Europe-American way of pursuing“scientific spirit”and the Soviet-Russian way of exploring the ideas of revolution and transformation.The railway has thus become an important carrier of the“scientific spirit”and socialism.展开更多
The All-China Women's Federation on March 7 invited eight women pacesetters, who had made great contributions at their posts, to share their lives and/or work-related stories with women employees at China Railway ...The All-China Women's Federation on March 7 invited eight women pacesetters, who had made great contributions at their posts, to share their lives and/or work-related stories with women employees at China Railway Construction Group and female college students at China Women's University.展开更多
基金China State Railway Group Co.,Ltd.has supported this work as a critical project(Grant No.:N2022Z020).
文摘Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.
文摘In the evolution of modern railway thought,it includes not only the discussion of railway planning,sovereignty,debt,and construction,but also the discussion of spiritual guiding ideology such as“Tao,body and utility”and“material and spirit”.From the perspective of the relationship between road and equipment,the development of modern railway thought in China has experienced three stages.During the Westernization Movement,Li Hongzhang and other people expounded the benefits brought by railway construction from the angle of“utility”,and believed that there was still a unity of“Tao and style”.After the Sino-Japanese Naval Battle,with the emergence of the theory of railway sovereignty and the theory of dividing China,Kang Youwei and others questioned the thought of Westernization school.The unified Tao body was divided into two parts:China and the West.After the May Fourth Movement,railway,as a product of western material civilization,was compared with Eastern spiritual civilization by Liang Shuming,Li Dazhao,and others.The conflict between material and spirit made the Western“Tao style”evolve into the Europe-American way of pursuing“scientific spirit”and the Soviet-Russian way of exploring the ideas of revolution and transformation.The railway has thus become an important carrier of the“scientific spirit”and socialism.
文摘The All-China Women's Federation on March 7 invited eight women pacesetters, who had made great contributions at their posts, to share their lives and/or work-related stories with women employees at China Railway Construction Group and female college students at China Women's University.