Research Report on China’s Urban Rail Transit Industry, 2013-2017

(CRI-report) -The advancement of urban rail transit solves the contradiction between distance and period for long-distance transportation in working life. Furthermore, it boosts the life span quality of citizens and promotes the forming of rational design of metropolitan areas. In China’s background, the first urban rail transit was built-in Nanjing in the 1930s, that was dismantled for different reasons later following the PRC was set up. The initial urban rail transit (subway) in the PRC background was set up in Beijing in the 1960s. Following the reform and checking, especially because the 21st hundred years, the speed of China’s urban rail transit structure accelerates. From 2002 to the finish of 2012, the amount of cities with urban rail transit operation lines elevated from 5 to 15 in China. By the finish of 2012, the procedure line amount of urban rail transit established and functioning has ended 1,700 km in China.

The knowledge of developed countries implies that, the monitor transit is an efficient way to resolve the urban visitors congestion, which also boosts the living environment of residents. Similarly, the development of monitor transit results in the continuous growth of city limits. Due to the construction of monitor transit, people will collect in peri-urban areas where in fact the original inhabitants density is fairly low, and the true estate market and different commercial service services are constantly improved thus. However, with the improvement in urban monitor transit facilities, it really is more convenient for citizens living in cities to reach suburbs and revel in the quiet suburban lifestyle and environment; it is much easier for folks living in suburbs to reach at the downtown and revel in various open public cultural and commercial services such as for example stadiums, libraries and stores.

In the context of consistently accelerated urbanization speed in China presently, quickening the structure of rail transit will end up being conducive to accelerating this process. For instance, in September 2012, Shanghai announced to determine the Jinshan Railway which connects the downtown with Jinshan suburbs, with a complete amount of 56 km. Referred to as city-area railway, the quickness (160 km/h) of the novel traffic mode is normally between that of high-quickness rail (250 km/h) and subway (with the best of 80 km/h). It could connect to trunk lines of the nationwide railway in addition to transfer to the subway, playing a fantastic function in improving the urban rail transit network and enriching visitors ways of citizens.

As the vital infrastructure, the structure of urban rail transit needs sustainably massive investment. Regarding to relevant estimates, every CNY 100-million investment in this field will get the GDP to improve by about CNY 260 million and draw out a large number of jobs, possessing very obvious increase effects on economic advancement. In addition, indirect results on the financial and social advancement are immeasurable. For instance, it can decrease the property occupation, lessen environmental pollution and completely utilize underground space.

By the finish of 2012, the Chinese federal government has accepted the short-term structure planning of 34 metropolitan areas, which aggregately includes 177 projects, 141 lines, 4,382-kilometer mileage and CNY 2-trillion investments. It really is anticipated that by 2020, you will have nearly 50 metropolitan areas developing rail transit in China, and the full total network level will be over 7,000 km, covering main cities in China. For infrastructure, equipment produce and procedure enterprises, there are plenty of investment opportunities in China’s urban rail transit industry.

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