In-Depth
Research on Urban Rail Transit Industry in China, 2014-2018 mainly analyzes the
policies and market scale of urban rail transit, makes comparative analysis on
the growth of related businesses in key enterprises of this industry.
Since
2010, China has approved over 20 short-term construction plans of urban rail
transit with total approval investment of CNY 1.2 trillion and approval mileage
of over 2,000 km. in which, 16 plans were approved in 2012 with total
investment of CNY 874.393 billion and will be completed before 2020.
By
the end of 2013, 37 cities had been approved to build urban rail transit,
ranking top 1 in world, and at least more than 10 cities will be approved in
next 3 years. In other words, the upsurge of urban rail transit will last over
10 years at least in China.
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Seeing
from long-term investment and financing, it is predicted that 37 cities will
build urban rail transit for 3,127 km in total, and the total estimated
investment will be 1.86 trillion in 2013-2018, in which the capital needed is
CNY 746.4 billion and another CNY 1.11 trillion needs to be financed. So,
averagely, investment of CNY 310 billion, capital of CNY 124.4 billion and
financing of CNY 185.1 billion are needed each year.
By
the end of 2013, total of 2,476 km of urban rail transit had been completed in
19 cities. In which, subway: 2,073 km, accounting for 75.35%; light rail: 333
km, accounting 8.5%; Monorail
75km,
accounting for 2.7%; Modern Tramway: 108km, accounting for 3.9%; Meglev Train:
30km, accounting for 1.1%; and inner-city rapid rail transit: 227km, accounting
for 8.3%.
Huidian
Research predicts: the operation mileage of urban rail transit will reach 3,140
km in 2014, and 5,370 km in 2018, with annual average growth rate of 14.3%.
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