Abstract
The paper discussed the minimum level of passenger demand which could make intercity railway project social profitability in China. The analysis of the costs and benefits linked to other alternative transport modes has been taken into account. The results show that the intercity railway studied is socially profitable with a demand of 4.07 million passengers and a social discount rate of 7%, and the conclusion also applies to other intercity railways in China with similar line conditions and regional economic level.
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