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.
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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.
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.
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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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