China State Railway Group Co., Ltd. (China Railway) is a wholly state-owned enterprise managed by the central government. It was established on March 14, 2013 and is headquartered in Beijing. .
The company's main business is railway passenger and freight transportation, and it implements diversified operations. It is responsible for the unified dispatching and command of railway transportation, overall arrangement of road network transportation resource allocation, undertaking public welfare transportation tasks stipulated by the state, and responsible for railway transportation. Industry transportation revenue settlement and revenue payment management.
On August 31, 2022, China State Railway Group Co., Ltd. disclosed its final financial accounts for the first half of 2022. In the first half of 2022, it achieved total operating income of 485.7 billion yuan, a year-on-year decrease of 27.1 billion yuan.
Railway passenger and freight transportation; contracting of foreign contracting projects commensurate with its strength, scale and performance; and dispatching of labor personnel required to implement the above-mentioned foreign contracting projects. Railway passenger and freight transportation related service business; railway engineering construction and related business; manufacturing, maintenance and leasing of special railway equipment and other industrial equipment; material purchase and sales, logistics services, foreign trade, consulting services, transportation agency, advertising, tourism, electronics Business and other business services; comprehensive railway land development, health testing and technical services; other businesses approved or permitted by the State Council or the competent department; Internet information services. (Market entities independently select business projects and carry out business activities in accordance with the law; provide Internet drug and medical device information services and projects that require approval in accordance with the law, and carry out business activities in accordance with the approved content after approval by relevant departments; they are not allowed to engage in national and municipal industrial policies Business activities of prohibited and restricted projects)