there is still a large gap with developed countries in terms of per capita railway and highway mileage, and this aspect of development will be a breakthrough in expanding domestic demand. As an important driving force of economic development, fixed asset investment will maintain a reasonable growt...
However, assuming that no drastic changes occur to bus density and ridership, in the city area, the mileage of a route will fall short of the subsidy threshold, in addition to the high frequency of services. As a result, drivers would perceive that each run would be loss-making, which ...
According to the main goals of China’s “Thirteenth Five-Year Plan” for railway construction, by 2025, the high-speed rail mileage in China will reach 38,000 km, achieving interconnection among provincial capital cities and other large and medium-sized cities with a population of over 500,00...