Special Report: Global Financial Crisis
BEIJING, Jan. 12 (Xinhua) -- The Ministry of Railways
(MOR) forecast Monday that rail cargo volume would be flat this year, compared
with 2008.
The estimate reflected a downturn in demand in the
world's fastest-growing economy, according to the ministry.
The ministry said it would rely more heavily on
passenger transport to offset any weakness in cargo. The MOR forecast railway
passengers would increase about 10 percent to reach 1.61 billion trips this
year.
Cargo marketing staff would offer better, simpler
services, the ministry said.
The MOR will also seek new growth in the
northeastern, northwestern and southwestern regions, outside of the long-time
boom areas in the south and southeast coastal areas.
The MOR said at the end of last month that about 1.46
billion passenger trips were made last year, up 10.9 percent year-on-year, and
3.3 billion tons of cargo was carried, up 4.9 percent.
