B2B drives market demand, with B2B spending representing 88.3% of total demand in 2020. China Railway Corp is the largest company in China, generating 77.1% of the industry’s total turnover in 2020. The industry is concentrated, with the top five companies generating 97.4% of total turnover in 2020. The total number of companies decreases in 2020, to 3,358 units. The costs of the industry decrease by 1.7% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 29.6% of turnover in 2020, the highest in the region. With turnover of USD122 billion, China accounts for 56.2% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Transport via Railways in China: ISIC 601. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Transport via Railways in China: ISIC 601 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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