UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              ---------------------


                                    FORM 6-K


                        REPORT OF FOREIGN PRIVATE ISSUER
                        PURSUANT TO RULE 13a-16 OR 15d-16
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934


                         FOR THE MONTH OF DECEMBER, 2006

                         COMMISSION FILE NUMBER: 1-14362


                        GUANGSHEN RAILWAY COMPANY LIMITED
                 (Translation of registrant's name into English)


                         NO. 1052 HEPING ROAD, SHENZHEN
                        PEOPLE'S REPUBLIC OF CHINA 518010
                    (Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:

Form 20-F          X       Form 40-F        __
                  ---

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): __

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): __

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.  Yes       No   X
                  ---       ----

(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-       _______)





                                    EXHIBITS

Exhibit
Number

99.1    Announcement dated December 12, 2006.


                           FORWARD-LOOKING STATEMENTS

         Certain information contained in this Form 6-K are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of 1934, as amended.
These forward-looking statements can be identified by the use of words or
phrases such as "is expected to", "will", "is anticipated", "plan to",
"estimate", "believe," "may," "intend," "should" or similar expressions, or the
negative forms of these words, phrases or expressions, or by discussions of
strategy. Such statements are subject to risks, uncertainties and other factors
that could cause the registrant's actual results to differ materially from its
historical results and those presently anticipated or projected. A discussion of
the most significant risks, uncertainties and other factors is included in the
annual report on Form 20-F that the registrant files with the Commission each
year.

         You are cautioned not to place undue reliance on any such
forward-looking statements, which speak only as of the date on which such
statements were made. Among the factors that could cause the registrant's actual
results in the future to differ materially from any opinions or statements
expressed with respect to future periods include changes in the economic
policies of the PRC government, an economic slowdown in the Pearl River Delta
region and elsewhere in mainland China, increased competition from other means
of transportation, delays in major development projects, a reoccurrence of
Severe Acute Respiratory Syndrome epidemic in Hong Kong or China, foreign
currency fluctuations and other factors beyond the registrant's control.








                                   SIGNATURES


                  Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.


                                          Guangshen Railway Company Limited


Dated: December 13, 2006

                                  By:       /s/ Guo Xiang Dong
                                            -----------------------------
                                  Name:     Guo Xiang Dong
                                  Title:    Directorate Secretary
                                            Directorate Secretariat Supervisor