·The North-South car merger is expected to complete the first joint fleet in June.

    Recently, Premier Li Keqiang pointed out that when China Cargo Changchun Bus Co., Ltd. was inspected, it hoped that China South Locomotive and China CNR would form a "combined fleet" to form a world-class equipment enterprise. At the same time, he stressed that this fleet is a "mixed fleet" including railway vehicle production and related supporting industries. All parties must cooperate and orderly.
    China South Locomotive recently announced that its merger with China CNR was unconditionally approved. It is reported that if the progress is smooth, the merger of CSR and CNR will be completed in June this year.
    In an interview with the "Securities Daily" reporter, Dr. Qiugengen of the Chinese Academy of Social Sciences said that after the merger of China South Locomotive and China CNR, it will become the leading industry and advantageous industry for China's manufacturing industry, which will help drive the manufacturing industry out. At the same time, it has solved the primary mode of fighting for each other and decentralized management, which is conducive to improving the scale operation and international competitiveness of China's manufacturing industry.
    Liu Jipeng, director of the Capital Research Center of China University of Political Science and Law [microblogging], said that the "big ship" of China's high-end equipment manufacturing industry represented by high-speed rail is accelerating the pace of going to sea. In the process of going out, China's high-speed rail, in the face of fierce competition from international giants, and in the face of the overall interests of the country, China South Locomotive and China CNR are struggling in the overseas market, so it is better to unite and attack.
    "The merger of China South Locomotive and China CNR will effectively integrate the advanced talents and advanced technologies of the industry, which is conducive to the technological upgrading of China's manufacturing industry. The merger of the two is an inevitable outcome of the post-industrial era and the inevitable result of the economic power becoming an economic power. Need is an important measure to enhance the international competitiveness of China's manufacturing industry." Qu Qiugen told reporters.
    Liu Jipeng said that from the perspective of public interest, the integration of the two does not mean that the cost of manufacturing high-speed rails and the increase in high-speed rail fares will not increase the cost of travel for ordinary consumers. Comfortable and convenient way to travel and enjoy better service.
    "The combination of CSR and CNR will achieve strong alliance, help reduce vicious competition and optimize resource allocation. At the same time, it will help to improve the corporate governance structure of large companies, improve the incentive and restraint mechanism, improve the management level, and promote the core. Technology R&D and integration, innovative business model, and enhancement of the vitality of state-owned enterprises. Large companies that establish a modern corporate governance structure with the idea of ​​mergers and acquisitions of state-owned enterprises will become a more realistic choice for the reform of state-owned enterprises in the coming period. The wave of mergers and acquisitions of state-owned enterprises is coming soon. And the merger of China South Locomotive and China North Locomotive is only the beginning." Liu Jipeng said.

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