SHANGHAI, May 10, 2018 /PRNewswire/ --
Grasp Market Direction and Get All You Want at Rail + Metro China 2018
The 2018 Shanghai International Rail Transit Exhibition (Rail+Metro China 2018) will be held at the Shanghai New International Expo Center from November 07-09, 2018. The exhibition is dedicated to promptly conveying the most practical industry information and building an integrated trade platform. Over 200 exhibitors will attend to the show. 20,000 visitors are expected to participate in the show. CRRC Corporation (19 subordinate companies), Bombardier Transportation Group, Alstom and BYD Group are showcasing the latest technologies and products.
Rail Transit Market in China Ushers in Growth
By the end of December 2017, 33 cities in China had rail transit and the total mileage 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 attracted to all the industrial participants globally in the foreseeable future.
Four Major Development Trends Stand Out from Pursuing to Leading the World
Urban rail transit in China has developed towards larger 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 attracted more stakeholders such as BYD Group, Alibaba (Alipay), Baidu and Tencent to take part in the business. New technologies such as cashless payment and face scan payment have applied to various cities and have vastly changed people's payment patterns.
China International Railway Conference for Urban & Intercity Transit will be held in conjunction with the exhibition. This year's conference will focus on "Innovative Rail Transit -- Urban Comprehensive Transit System Development and Future." A series of seminars will be presented and themes will cover 'Finance and Investment', 'Safety Operation', 'Globalization', 'Railway Construction', 'TOD/PPP', 'Commuter Railway', 'Intelligent Operation and Maintenance', 'Modern Tram', 'Private Network Mobile Communication System' and 'the Belt and Road' initiative'. Over 200 industry leaders and experts will participate in keynote speeches.
2018's show is expected to hit a new high in every aspect and bring together all the industry's leading figures.
Miss Annie Shi