China rail transit future investment will exceed 10 trillion yuan

Abstract 39 cities across the country have been approved to build subways. It is estimated that by 2020, the total mileage of the national subway will reach 6,000 kilometers and the investment will reach 4 trillion. Wang Ming, director of the Comprehensive Transportation Research Institute of the National Development and Reform Commission, said recently that the biggest cake in the Chinese market in the future is not real estate,...
39 cities across the country have been approved to build subways. It is estimated that by 2020, the total mileage of the national subway will reach 6,000 kilometers and the investment will reach 4 trillion. Wang Ming, director of the Comprehensive Transportation Research Institute of the National Development and Reform Commission, said recently that the biggest cake in the Chinese market in the future is not real estate, but rail transit.
"The rail transit system that China needs to build is far more than a 6,000-kilometer concept. Its market value will be calculated at 10 trillion yuan." At the recent Schneider Electric Rail Transit Summit, Wang Ming asserted.

Rail transit investment will be based on 10 trillion
Wang Ming said that in the past 30 years, the export-oriented manufacturing industry has played an important supporting role for the Chinese economy. If the future hopes that the high growth of traditional products will support the sustained and steady development of the Chinese economy, it may not come again in the spring. It is. Finding a new spring is the basis for the second take-off of the Chinese economy.
The basis of Wang Ming's said is the development of cities and urban agglomerations. In the promotion and combination development of cities, rail transit such as high-speed rail and subway will play an extremely important role.
Wang Ming believes that this cake will be much more than that, and its market value can be calculated as 10 trillion.
According to the "Notice of the State Council on Strengthening the Management of Urban Rapid Rail Transit Construction" issued in 2003, the city that declares the development of subways should have a population of more than 3 million people, and the general budget of local finances should be more than 10 billion yuan, and the gross domestic product will reach More than 100 billion yuan, the passenger flow of the planned route reaches 10,000 peaks in one-way peak hours.
According to this reporting standard, many cities have already reached the standard.
Wang Ming said that cities that have reached or will reach a certain population size, especially the core cities of regional central cities and urban agglomerations, should be moderately advanced in accordance with the principle of guiding the rational development of transportation and rational division of labor.
"If the rail transit is just built, there is a very high attendance rate, which only shows that it is built late. This is a shortage of economic thinking. The infrastructure is characterized by allowing it to be in a relatively long period of time after the ability is formed. Gradually reaching the ability, we must consider the future development of the infrastructure with advanced thinking, we must reasonably balance the local financial resources and needs, as well as the reasonable spatial layout of the future city and the proportion of green and efficient transportation in travel." Wang Ming said.
At the end of June, Li Pumin, secretary-general of the National Development and Reform Commission, publicly stated that he would adhere to the principle of moderate advancement, promote transportation integration, and promote investment and financing reform, accelerate the construction of major urban rail transit projects, and improve urban traffic conditions. It is estimated that the total investment of urban rail transit in China will reach 300 billion in 2015, exceeding last year's 285.7 billion yuan.
According to China Urban Rail Transit “Annual Report Express”, as of the end of 2014, China has opened 25 cities (including 22 in the Mainland and 3 in Hong Kong and Taiwan). From 2005 to 2014, the number of cities with urban rail transit in mainland China has grown from 8 to 22; the number of operating lines has increased from 17 to 83; the total length of operating lines has increased from 381.6 km to 2699.6 km, with an average annual growth of 231.8 km. The number of operating stations increased from 237 to 1,770.
According to the new round of construction planning, by the end of 2020, Shanghai will add more than 260 kilometers of subway mileage, forming a huge rail transit network with a total scale of 18 lines, a total mileage of about 800 kilometers, and more than 500 stations.

The number one challenge in rail development is security
The number one challenge in rail transit development has always been security.
As a supplier of equipment and solutions, Cao Yu, senior vice president of Schneider Electric China, believes that ensuring safety is to ensure the continuity of power supply.
“Safe and reliable is the top priority of the rail transit industry. The power consumption of the rail transit industry accounts for about 50% of the total, and air conditioning and ventilation equipment accounts for 33%. Therefore, the continuous reliability of power supply is a topic of great concern to customers in the rail transit industry.” Cao Yu said at the summit.
As an operator, Zhou Junlong, general manager of Shanghai Shentong Metro Maintenance Co., Ltd. said that in addition to the safety of professional systems such as vehicles and signals in the subway, equipment monitoring and regional camera monitoring systems are also essential systems for safe operation of subways.
“A passenger takes the subway, from the pit stop to the exit, his face will be photographed six times by the camera.” Zhou Junlong said that in addition to monitoring passenger flow information, the subway needs some protection based on passenger service and operating system reliability. Monitoring facilities, which cannot be done by manpower alone, require comprehensive visual monitoring technology.

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