Perception of Chinese Respondents Towards the Impact of China’s High-Speed Rail Development on International Economy
Zhang Pengquan and
Doris Padmini Selvaratnam
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Zhang Pengquan: Faculty of Economics and Management, Universiti Kebangsaan Malaysia
Doris Padmini Selvaratnam: Faculty of Economics and Management, Universiti Kebangsaan Malaysia
International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 2, 4537-4556
Abstract:
This paper examines the development of China’s high-speed railway and its impact on the international economy. Through questionnaire surveys and statistical analyses of 108 respondents, the paper verifies the role of high-speed rail in enhancing the efficiency of international trade, attracting foreign direct investment, and promoting technology export. The findings show that the development of China’s high-speed rail improves logistics and transport efficiency, reduces trade costs, and significantly boosts the volume and flow of trade between China and other countries. As a modern means of transport, high-speed rail connects more global markets, becomes an important bridge in international trade, and enhances China’s position in the global economy. The construction of high-speed railway projects has significantly increased foreign direct investment (FDI) in the regions along the routes and injected new impetus into local economic development. China’s successful implementation of high-speed railway projects in the international market, such as the Yavan high-speed railway and the Mocha high-speed railway, has demonstrated China’s advanced high-speed railway technology and management capability and has gained wide recognition and positive evaluation from the international community. The export of high-speed railway technology has not only enhanced China’s competitiveness in the international market but also promoted the development and progress of global high-speed railway technology.
Date: 2025
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