Beijing Mass Transit Railway Operation Corporation Limited
Encyclopedia
Beijing Mass Transit Railway Operation Corporation Limited (北京市地铁运营有限公司) formerly known as the Beijing Municipal Subway Company (北京市地下铁道总公司), is the Beijing
city-owned company that operates 8 lines of the Beijing Subway
. Like many Chinese state-owned companies, it is managed by a chief executive and overseen by a board of directors / party committee. The Company has about 10,000 employees. Its subsidiaries include the Beijing Subway Rolling Stock Equipment Co. Ltd.
. In February 1970, Premier Zhou Enlai
handed management of the subway to the People's Liberation Army
, which formed the PLA Rail Engineering Corp Beijing Subway Management Bureau. In November 1975, by order of the State Council and Central Military Commission the bureau was placed under the authority of Beijing Municipal Transportation Department.
On April 20, 1981, the bureau became the Beijing Subway Company, which was a subsidiary of the Beijing Public Transportation Company. The company's logo, the current symbol of the Beijing Subway, was unveiled in 1984, and the company was placed under the oversight of Beijing Planning Commission.
In July 2001, the Beijing Municipal Government reorganized the subway company into the Beijing Subway Group Company Ltd., a wholly city-owned holding company, which assumed ownership of all of the subway's assets. At the same time, the city also created two subsidiary companies -- the Beijing Mass Transit Railway Operation Corp. Ltd., responsible for operating the subway, and the Beijing Mass Transit Construction Corp. Ltd., in charge of subway construction. This act separated ownership from operations of the subway and marked the beginning of the Company as the designated subway operator. In November 2003, the assets of the Beijing Subway Group Company were transferred to the newly-created Beijing Infrastructure Investment Co. Ltd. ("BII"). In 2004, BII signed a formal operations agreement with the Company to manage Lines 1 and 2. This type of operations agreement was repeated for Lines Batong, 5, 8, 10, 13 and the Airport Express.
The Company has management rights for all lines of the Beijing Subway except 4, Daxing and Changping.
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
city-owned company that operates 8 lines of the Beijing Subway
Beijing Subway
The Beijing Subway is a rapid transit rail network that serves the urban and suburban districts of Beijing municipality. It is owned by the city of Beijing and has two operators, the wholly state owned Beijing Mass Transit Railway Operation Corp., which operates 12 lines, and the Beijing MTR...
. Like many Chinese state-owned companies, it is managed by a chief executive and overseen by a board of directors / party committee. The Company has about 10,000 employees. Its subsidiaries include the Beijing Subway Rolling Stock Equipment Co. Ltd.
Beijing Subway Rolling Stock Equipment Co. Ltd.
Beijing Subway Rolling Stock Equipment Co. Ltd. , also known as the Beijing Subway Rolling Stock Factory is a subway rolling stock assembly and maintenance facility in Beijing. It was founded in 1960 and is a wholly owned subsidiary of the Beijing Mass Transit Railway Operation Corp. Ltd...
History
The Company's origins dates to the construction of the Beijing Subway in the late 1960s. The subway construction and planning was headed by a special committee of the State CouncilState Council of the People's Republic of China
The State Council of the People's Republic of China , which is largely synonymous with the Central People's Government after 1954, is the chief administrative authority of the People's Republic of China. It is chaired by the Premier and includes the heads of each governmental department and agency...
. In February 1970, Premier Zhou Enlai
Zhou Enlai
Zhou Enlai was the first Premier of the People's Republic of China, serving from October 1949 until his death in January 1976...
handed management of the subway to the People's Liberation Army
People's Liberation Army
The People's Liberation Army is the unified military organization of all land, sea, strategic missile and air forces of the People's Republic of China. The PLA was established on August 1, 1927 — celebrated annually as "PLA Day" — as the military arm of the Communist Party of China...
, which formed the PLA Rail Engineering Corp Beijing Subway Management Bureau. In November 1975, by order of the State Council and Central Military Commission the bureau was placed under the authority of Beijing Municipal Transportation Department.
On April 20, 1981, the bureau became the Beijing Subway Company, which was a subsidiary of the Beijing Public Transportation Company. The company's logo, the current symbol of the Beijing Subway, was unveiled in 1984, and the company was placed under the oversight of Beijing Planning Commission.
In July 2001, the Beijing Municipal Government reorganized the subway company into the Beijing Subway Group Company Ltd., a wholly city-owned holding company, which assumed ownership of all of the subway's assets. At the same time, the city also created two subsidiary companies -- the Beijing Mass Transit Railway Operation Corp. Ltd., responsible for operating the subway, and the Beijing Mass Transit Construction Corp. Ltd., in charge of subway construction. This act separated ownership from operations of the subway and marked the beginning of the Company as the designated subway operator. In November 2003, the assets of the Beijing Subway Group Company were transferred to the newly-created Beijing Infrastructure Investment Co. Ltd. ("BII"). In 2004, BII signed a formal operations agreement with the Company to manage Lines 1 and 2. This type of operations agreement was repeated for Lines Batong, 5, 8, 10, 13 and the Airport Express.
The Company has management rights for all lines of the Beijing Subway except 4, Daxing and Changping.