A total investment of 789.004 billion yuan will be China’s urban rail transit in 2022

According to the news from the “2021 China Urban Rail Transit Market Development Report”, according to the preliminary market forecast, the approval of China’s urban rail transit planning in 2022 includes the approval of the recent construction plans of the new cities and the second round of the approved cities. The third or even the fourth round of recent construction line network planning has been approved. Regardless of special factors, it is expected that no new cities will be approved in 2022.

In 2022, the construction and operation of urban rail transit is expected to usher in a certain degree of growth. According to the progress of the approved line construction in each city and the new round of approval of the line network, the editor preliminarily predicts that no new cities will be approved in 2022. In addition, there are Taiyuan, Shijiazhuang, Luoyang, Changsha, Changzhou, Wuhu, Guangzhou and Lanzhou. The near-term construction plans of rail transit in 8 cities are expected to be approved.

According to preliminary market forecasts, 56 rail transit lines in 25 cities including Hangzhou, Jinhua, Guangzhou, Shenzhen, and Chongqing will be newly opened in 2022, with a total mileage of 1,291.37 kilometers, 753 stations, and a total investment of 904.511 billion yuan. Among the 25 cities expected to add new operating lines in 2022, Jinhua, Nantong, and Xuchang are the newly operating cities, which are the first to open lines. In 2022, it is expected that 49 urban rail transit lines in 29 cities including Shanghai, Zhengzhou, Nanchang, Wuxi, and Qingdao will be newly constructed, with a total mileage of 1,224.96 kilometers, 524 stations, and a total investment of 789.004 billion yuan.

According to incomplete statistics, it is estimated that in 2022, the amount involved in the public bidding of various urban rail transit systems in China may reach 428.124 billion yuan, covering almost all approved cities and all systems. Among them, including communication system, signal system, integrated monitoring system, automatic fare collection system, environmental control system, depot equipment, etc., all include equipment procurement and installation.


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