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Rail Transit Market in China Ushers in Great Growth with Informationalization and Intelligent Development Trends Worth Expecting - Preview of Rail+Metro China 2018

2018-04-19 16:00 1227

SHANGHAI, April 19, 2018 /PRNewswire/ -- The 2018 Shanghai International Rail Transit Exhibition (Rail+Metro China 2018), which is produced by Shanghai Shentong Metro Group and Shanghai Intex Exhibition Co., Ltd. will be held at the Shanghai New International Expo Center from November 7-9, 2018.

I. Rail Transit Market in China Has Strong Growth with Trillion Market Scale for Years

By the end of December 2017, 33 cities in China have rail transit and the total mileage has exceeded 4,500 miles. By the year 2020, the operating mileage of urban rail transit in China is expected to reach 7,700 miles. In terms of railway, the operating mileage of railway throughout the country has exceeded 120,000 miles; the operating mileage of high-speed railway has reached 25,000 miles, which tops the world. China's rail transit market will remain attractive to all the industrial participants globally in the foreseeable future.

II. Four Major Development Trends Stand Out from Pursuing to Leading the World

Urban rail transit in China has developed towards a large-scale, networked structure, diversified systems, intellectualized equipment and independent technology in recent years. Mid-volume and diversified railway systems have been developed fast. A larger market has attracted more stakeholders such as BYD Group, Alibaba (Alipay), Baidu and Tencent to take part in the business. Cashless payments and face scan payments have appeared in various cities and have vastly changed people's payment patterns.

III. Grasp Market Direction and Get All You Want at Rail + Metro China 2018

Rail+Metro China is always dedicated to promptly convey the most practical industry information and build an integrated trade platform. Over 200 exhibitors will attend the show. 20,000 visitors are expected to participate in the show. CRRC Corporation, Bombardier Transportation Group, Alstom and BYD Group are showcasing the latest technologies and products.

Shanghai International Railway and Rail Transit Conference will be held in conjunction, this year's conference will focus on high-speed railway, interurban railway, inner-city (suburb) railway, urban rail transit and "the Belt and Road' initiative." Over 200 industry leaders and experts will participate in keynote speeches.

The 2018 show is expected to reach a new high from every aspect and bring together all the industry's leading figures.

Contact:

Miss Annie Shi
+86-21-6295-2073
shianan@shanghai-intex.com

Source: Shanghai Intex Exhibition Co Ltd.
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