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EFFECTS OF HIGH-SPEED RAIL CONSTRUCTION ON THE EVOLUTION OF INDUSTRIAL AGGLOMERATION: EVIDENCE FROM THREE GREAT BAY AREAS IN CHINA

Lei Fang, Xuewei Zhang, Zihua Feng, Ce Cao

The economy of China has been maintaining a middle and high growth rates in the past 40 years since reform and opening-up. Railway is an important infrastructure and a major factor of economic development. It is also a witness and beneficiary of reform and opening-up. Railway in China has undergone transformation and development. Given the continuous expansion of traffic network and innovative reform of technologies, high-speed rail construction has achieved outstanding progresses. During the “12th Five-Year Plan,” the total investment of China to high-speed rail system has exceeded 1,800 billion RMB. Moreover, 3,500 billion RMB of investment is expected under railway plan in the “13th Five-Year Plan.” Currently, China owns a high-speed rail network with the longest operation miles, the highest transportation density, and the most complicated network operation scenario in the world (Karolys et al., 2019).
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THE MODEL ASSESSING THE IMPACT OF PRICE AND PROVIDED SERVICES ON THE QUALITY OF THE TRIP BY TRAIN: MCDM APPROACH

Henrikas Sivilevičius, Lijana Maskeliūnaitė

In recent years, the problems of diverse transport mode development policy, travel price, duration and quality have been solved by a wide range of international scientists and researchers (Kandt, Rode, Hoffman, Graff, & Smith, 2015; Seelhorst & Liu, 2015; Woo, Cheng, Li, Chiu, Ho, & Horowitz, 2015; Kirschstein & Meisel, 2015; Guo, Yu, Chen, & Zhang, 2011). The choice of a particular mode of transport as an alternative to another one is subjective and usually based on an individual passenger’s approach to the evaluation of advantages and disadvantages of some particular means of transport (Sivilevičius & Maskeliūnaitė, 2018).A transport system is a system created for transporting large numbers of passengers at the low price of investment. Passengers can usually choose a means of transport based on the criteria, which seem to be important for them.
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RANKING OF PRIORITIES AMONG THE BALTIC CAPITAL CITIES FOR THE DEVELOPMENT OF SUSTAINABLE CONSTRUCTION

Marius Lazauskas, Edmundas Kazimieras Zavadskas, Jonas Šaparauskas

The financial crisis that commenced in 2007 and peaked in 2008, destabilised the real estate market. Changes in credit policy deprived property owners of their ability to settle accounts with banks. The construction sector was not the only one that fell victim to the economic downturn as it took its toll on other industries as well.
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THE NUMERICAL EXAMPLE FOR EVALUATING THE CRITERIA DESCRIBING THE QUALITY OF THE TRIP BY INTERNATIONAL TRAIN

Henrikas Sivilevičius, Lijana Maskeliunaité

The main criteria, describing the development of railway systems refer to traffic safety, sustainability, competitiveness as well as quality and variety of services provided to passengers.
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