The era of Chinatown has come to a trillion of opportunities for investment

Xinhua Shanghai, May 23 (reporter He Hinglong, Fang) "As of the end of 2009, China has a rail transport operating lines of the city has 10, the total operating mileage of about 940 km." By the end of 2010, the two figures are expected to be 12 and 1400 kilometres respectively.　　"At the China International Rail Transit Exhibition held in Shanghai recently, Li Guoyong, an inspector of the Development and Reform Commission's basic industry department, said. Because of the characteristics of large volume, high efficiency and low energy consumption, urban rail transit plays an increasingly important role in guiding urban layout and land development and promoting the optimal allocation of economic resources. Rail transport also occupies an important part of the central government's massive infrastructure investment programme to deal with the financial crisis.　　Li Guoyong said that the current urban rail transit in China has entered an important development period, during which there are many opportunities and challenges to the attention of all parties. 2015 years ago, China will usher in the rapid development of urban rail investment can be up to a trillion yuan Li Guoyong in parallel with the exhibition held at the Summit Forum said, according to the forecast, to "Twelve-Five" at the end of China's rail transit operation total mileage will reach 3200 kilometers, which means nearly 400 kilometers per year construction speed.　　According to the urban rail transit 400 million-500 million of the construction capital calculation, to 2015 years ago the field of investment will reach trillions. Li Guoyong said that by the end of 2015, Beijing, Shanghai and other large population of more than 10 million of mega-cities will form a networked operating system, "each city operates more than 10 lines, operating mileage of more than 500 kilometers." "Large cities with more than 3 million urban population will initially form the backbone of the rail transit network, and some cities are focusing on key construction lines."　　By then, the proportion of rail traffic to public transport will reach 30% to 50%. Although China's urban rail transit has entered a golden period of development, but Li Guoyong said that the overall still need to adhere to the "one's own, orderly development" approach, strengthen planning, strict project approval procedures.　　He pointed out that for some cities without rail transit development conditions, trams, rapid transit systems and the development of suburban trains using existing railway lines could be developed.　　Li Xiaojiang, dean of China's urban Planning and Design Institute, also believes that rail transit can not become a symbol of urban image, to grasp the relationship between rail transit and urban master plan, land use planning, to avoid the emergence of some of the city's rail site out of the ground, farmers are still in the side of the landscape. Industry calls for reference to the Hong Kong Metro and property model to crack the financing problem the great development of urban rail transit is inseparable from the investment of huge sums of money.　　Conciseness, deputy general manager of Shenzhen Metro Group, pointed out that because most of the domestic urban rail transit projects still use the traditional government investment and subsidy model, so that its sustainable development is facing three difficult problems: first, the higher the cost, the second is the continuous improvement of operating costs, and the third is the overborrowed of investment loans is If according to the government in the urban rail investment 50% Capital calculation, then in the Trillion yuan investment, the owner needs to loan 500 billion yuan. With 6% of the annual loan rate calculation, the new line operation of the annual interest expenditure of 30 billion yuan.　　Depreciation rate of assets in accordance with 2.5%, the new line after the operation of the annual need to extract 25 billion yuan depreciation. Taking the Shenzhen subway as an example, Conciseness said, because its positioning is to solve urban residents ' travel problems, the fare income can only cover the direct cost of operation, unable to bear the loan interest expense and the depreciation of assets, not to have the repayment ability. As a result, in addition to the construction of capital, in the line after the operation of the government subsidy to urban rail transport operators of capital up to 55 billion yuan per year.　　This will undoubtedly put greater pressure on the financial, and thus affect its enthusiasm for rail transport investment. To solve this problem, conciseness that the first is to take rail transport equipment innovation and localization as an opportunity to reduce investment and operating costs.　　such as the Shenzhen Metro Phase I Project, equipment localization rate of more than 70%, so that equipment investment compared to 35% lower, operating costs reduced by more than 20%. The second is to draw on the support of the Hong Kong Railway Corporation, in order to improve the hematopoiesis function of the railway transportation enterprises by taking the subway operation plus periphery and the market-oriented model of the real estate development. According to the 2008 annual report of the Hong Kong Railway Corporation, the MTRC's operating and ancillary resources contributed HK $2.48 billion to the total profit of HK $9 billion, while real estate development benefited HK $6.38 billion.　　Conciseness said that the Shenzhen Metro phase two is drawing on the successful experience of the MTR and the Hong Kong Railway Corporation, combining equipment innovation and real estate development on the MTR to solve the problem of construction capital and operation subsidy. City Rail investment to equipment manufacturing and security products to bring opportunities City rail investment has the construction of financing challenges, but also to related products, service providers bring great opportunities.　　As Conciseness said, the localization of rail-made equipment can greatly reduce the cost of investment and operation, which is undoubtedly an important good news for the rail-delivery equipment manufacturing company. Take the city rail vehicle as an example, because the industry has high technical barriers, at present more than 95% of the market by China South Car and China North car occupy, forming duopoly competition situation. Although the domestic rail transit investment has just started, but the two giants have tasted the sweetness, such as China North Car's 2009 annual report on the show, in the company's main product sales, EMU due to mainly concentrated in 2008 delivery, 2009 significantly reduced, resulting in the sector's sales revenue fell 5.75% year-on-year.　　At the same time, urban rail vehicle sales growth of 31.57% year-on-year, effectively offset the loss of EMU sales decline. In addition to rail equipment, security products, market demand is also quite optimistic about the market. Sun Zhang, professor of railway and Urban Rail Transit Research Institute of Tongji University, said that at present, the peak passenger traffic in the three areas of Beijing and Shanghai has reached 6.46 million passengers, 5.81 million people and 4.39 million passengers each day, which is equivalent to the passenger volume of the national Railway during the Spring Festival. Such a high density of passenger flow, in the event of an accident, disastrous consequences.　　Therefore, the safety management will become the most important in the subway operation Management. Liu Xiaochuan, director of China Safety and Defense Products Industry Association, rail exchange security system mainly includes video surveillance system, access control and ticket system, perimeter alarm system, train security system and dangerous goods inspection equipment. At present, the development trend of China's track security cause is the integration and stereoscopic of detection technology, the digitization and high-definition of video signal, the network of transmission system and the intellectualization of management. In line with this trend of the company and products, in the future of the urban rail era will usher in a great space for development.