Because of its limited capital, overburdened infrastructure, and need to continuously modernize, the national rail system, which is controlled by the Ministry of Railways through a network of regional divisions, operates on an austere budget. Foreign capital investment in the freight sector was allowed beginning in 2003, and international public stock offerings opened in 2006. In another move to better capitalize and reform the rail system, the Ministry of Railways established three public shareholder-owned companies in 2003: China Railways Container Transport Company, China Railway Special Cargo Service Company, and China Railways Parcel Express Company.
because of its limited capital overburdened infrastructure and need to continuously modernize the national rail system which is controlled by the ministry of railways through a network of regional divisions operates on an austere budget foreign capital investment in the freight sector was allowed beginning in 2003 and international public stock offerings opened in 2006 in another move to better capitalize and reform the rail system the ministry of railways established three public shareholder-owned companies in 2003 china railways container transport company china railway special cargo service company and china railways parcel express company