(PRWEB UK) 15 January 2013
The construction of urban rail transit in China needs sustainably massive investment. According to Research Report on China's Urban Rail Transit Industry 2013-2017, every CNY 100-million investment in this field will drive the GDP to increase by about CNY 260 million and bring out thousands of jobs, possessing very obvious boost effects on economic development. In addition, indirect effects on the economic and social development are immeasurable. For example, it can reduce the land occupation, lessen environmental pollution and fully utilise underground space.
By the end of 2012, the Chinese government has approved the short-term construction planning of 34 cities, which aggregately includes 177 projects, 141 lines, 4,382-kilometer mileage and CNY 2-trillion investments. It is expected that by 2020, there will be nearly 50 cities developing rail transit in China, and the total network scale will be over 7,000 km, covering major cities in China. As for infrastructure, equipment manufacture and operation enterprises, there are many investment opportunities in China's urban rail transit industry.
About Report Buyer.
ReportBuyer.com is the independent online store for global business information. The website now lists more than 300,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers.