China's rail transportation equipment industry development prospects and trends analysis

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2023-01-09


Rail transportation equipment as a basic industry of the national economy, by the national industrial policy focus on support, at present, China vigorously promote the modernization of rail transportation vehicle parts and components and localization, to promote the development of related industries, 2021 is the "14th Five-Year Plan" the first year of the opening, the plan is clear " The 14th Five-Year Plan" period, China will add 19,000 kilometers of railroads, urban rail transit mileage of about 10,000 kilometers, highway network coverage of more than 500,000 cities to reach more than 95%, which will effectively drive the development of China's rail transportation equipment industry.

A, China's rail transportation equipment industry development prospects

1, policy to provide industry development momentum

The "Fourteenth Five-Year Plan" is clear that during this period, China will add 19,000 kilometers of new railroad mileage, urban rail transit mileage of about 10,000 kilometers, highway network coverage of more than 500,000 cities to reach more than 95%; at the same time, the national "medium and long-term railroad network planning" proposed to 2025, the size of the railroad network Reach about 175,000 kilometers, including 38,000 kilometers of highways, in this policy context, will provide development momentum for China's rail transportation equipment industry, the industry to maintain a relatively rapid growth trend.

2, the scale of urban marginalization continues to improve

As China's urbanization process continues to accelerate, the scale of urban marginalization is also increasing accordingly, the population flow continues to increase, in order to meet the growing demand for public transportation, rail transit construction will effectively expand the capacity of the transportation market, solve urban transportation problems, drive the rapid development of China's urban transportation equipment industry.

3, domestic rail transit construction investment growth

In recent years, China's rail transit construction investment continues to grow, the industry investment in 2021 grew to about 660 billion yuan, an increase of 4.84% year-on-year, resulting in domestic rail and urban rail vehicle demand also shows a growing trend, railroad line renovation and transport Li demand to improve, thus driving the growth of rail transit equipment market.