Now that the Ministry of Railways will close, the Chinese public has reacted with a mixture of glee and apprehension.
Clutching their cameras, a group of three 24-year-old girls waited patiently in a queue to take a photo by the Ministry of Railways building sign.
"Considering how useless the rail system is, including the bugs on their ticket-selling website, I can say it's good to not have a Ministry of Railways!"
The bank suggests that Beijing dissolve the Ministry of Railways, and replace it by setting up various railway companies to run the giant network, while the policy-making functions should be transferred to a new bureau under the Ministry of Transport.
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There is speculation that the Ministry of Railways, which has been under fire in recent years over a deadly high-speed rail collision near Wenzhou in 2011 and huge debts, will be merged into the Ministry of Transport, Hong Kong's Oriental Daily News adds.
By the end of last year, the Railways Ministry had overseen the construction of 8, 358 kilometers of high-speed rail track.
It was she who elbowed Mr Trivedi a member of her own party out of the railways ministry.
The financial difficulties of the Railways Ministry have begun to affect state enterprises, such as China CNR Corporation, a train maker.
One of the most anticipated reforms is the division of the railways ministry as a policy and regulatory unit under the transport ministry.
However, Southern Metropolis Daily calls the dismantling of the railways ministry bittersweet for the public since they will have to pay higher ticket prices.
Southern Metropolis Daily reports that the newly-established National Railway Bureau will keep 130 former railways ministry staff and transfer hundreds of other staff to its commercial arms or local branches by June.
Media in China welcome the government's overhaul of its massive bureaucracy, including the long-anticipated scrapping of the debt and scandal-ridden railways ministry, but say the move is only the first step in a difficult path to reforms.
After receiving the report, China's cabinet criticised the railways ministry for lax safety standards and poor handling of the crash, according to Reuters.
The Railways Ministry is expected to issue 100 billion yuan of bonds this year, but some analysts think the agency has severely underestimated its cash needs.
In any event, MOR, as the Railways Ministry is known, now has 2.1 trillion yuan of debt.
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