"Why is there so much complaining about high-speed train prices? Because the price setting is far from transparent. It's one-sided price."
many people say railway authorities should rethink the high-speed railway construction program, because borrowing money from banks and building costly railways as soon as possible causes problems. The financial burden is then transferred to passengers, whose average income is growing more slowly than sharply rising ticket prices on every class of train.
Only when prices are acceptable to most consumers can high-speed rail travel have a positive effect in promoting local economic growth. Otherwise, such rail lines will not be able to make ends meet in the long run.
For CRI, I am Zhang Wan.
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