5 October 2016

On 20 July 2016, China Ministry of Transport published the 13th Five-Year Plan on developing urban mobility across Chinese cities during 2016-2020. By 2020, China envisions to have sustainably developed a smart urban mobility infrastructure, which is efficient, fast, safe, comfortable, affordable, reliable, low-carbon, and public-transport-centric, with projected annual ridership of 120 billion. A range of business opportunities may arise to fulfill the growing market from last-mile transport services (e.g. community shuttle, bicycle-sharing), BRT system, new energy vehicles, to smart parking and congestion pricing solutions. Management expertise may also be in demand from reforming the public transport industry.


Key References:
China Ministry of Transport, 2016-07-25, 《城市公共交通“十三五”发展纲要》.

[link] China National Bureau of Statistics, 2014, 《主要城市年度数据》. [link]  
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