Rail industry reform getting back on track

Shakeup at CRC's non-transport businesses due by first quarter of next year

China Railway Corp, the country's railway operator, aims to complete corporate system reform of its non-transportation businesses in the first quarter of 2018, said a source at one of these subsidiaries on Thursday.

This will be a part of CRC's reform to restore its earning ability by further optimizing its resources and reducing the number of unprofitable businesses.