"It's fascinating because for all the discussion around high-speed rail in China it's actually not profitable. And so there's a lot of discussion going on around should they have built this high speed rail as they did, and so much of it. But as a consumer of it, it is an absolutely incredible to think about what it has done for the country and how good it works."
"I went to almost every single province in China - China is roughly the same size of the U.S - I took 25 trains to get to all of those cities. I only had to take six flights so I could get to the majority of places around the entire country by high-speed rail. Trains were never late. There were never any issues with them."
More than thirty Chinese cities showed that retail competition has become sharper, driving innovation and differentiation across tiers. The national high-speed rail network enables rapid, reliable travel across provinces, reduces the need for flights, and facilitates day trips that shift retail flows between smaller and larger cities, despite large-scale concerns about the system's financial profitability. The transportation sector is increasingly saturated with electric vehicles, intensifying competition and infrastructural demands. Social e-commerce platforms and an emergent culture of emotional consumption now influence purchasing decisions, with consumers buying for experience, status, or feelings as much as for utility.
Read at Streetsblog
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