Abstract Scholars represented by Spulber have made a series of theoretical innovations for economics in the field of market microstructure， namely the firm theory of intermediaries， which provides us a new perspective for understanding the economic logic behind the rapid growth of China Railway Express （CR Express）. The analysis of this article shows that the intermediaries of CR Express not only play an important role in reducing transaction costs， but also build a new type of thing-information relationship driven by the development of information and network technology and has promoted the network economy. Nevertheless， the intermediaries of the CR Express still face some challenges in the development. First， the market positioning needs to be clarified to further develop its competitive edge. Second， the endogenous motivation needs to be enhanced to reduce the dependence on external resources. Third， the synergistic collaboration needs to be strengthened to open up win-win cooperation. To promote the high-quality development of CR Express， it is necessary to innovate on complete transportation products， perfect dynamic evaluation system of intermediaries and strengthen the coordination and cooperation mechanism.
CHEN Hai-xi,LI Hong-chang. On the High-quality Development of China Railway Express from the Perspective of Intermediaries[J]. journal6, 2022, 21(3): 61-69.
2022, Vol. 21 
