Albany, New York, December 13, 2016: Market Research Hub (MRH) has announced the inclusion of a new market research study to its comprehensive collection of research reports. The 49-page research study, titled “Development and Market of Traffic Information in China 2016-2021 Proposal,” is an in-depth analysis of the industry size, share and structure. In the 12th Five-Year Plan period, Chinese traffic information industry has developed rapidly. 21 provinces or regions have built road and waterway traffic information system; 36 cities have built urban intelligence traffic system; all prefecture-level cities could use 12328 traffic service and supervision call.
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With the increasing investment of traffic infrastructure construction, the input of traffic information industry has also maintained fast growth. In 2015, the investment of traffic information industry reached over RMB85 billion.
By 2020, according to the 13th Five Year Plan, the level of information share and opening data will improve a lot, the ability of using big data in main business will be significantly enhanced, and the traffic information system will play a significant role in the development of integrated transportation.
Railway industry plays an important role on social development, which could improve the traffic condition and motivate regional economy. At the end of 2015, national fixed investment of railway was around RMB800 billion, railway mileage was 120 thousand km including 20 thousand km of high-speed rail. Railway mileage in west of China was 48 thousand km, which increased 10%. In 2015, the number of railway locomotive of China was 20 thousand set. The railway passenger volume was around 3 billion people, the passenger turnover volume was 1200 billion people in 2015, the total freight volume was 3 billion tonnes, and the total freight turnover was 2,400 billion tonnes.
The Aim of Report:
- To provide readers with comprehensive and in-depth understanding of Chinese traffic information industry;
- To analyze traffic information industry in different regions;
- To analyze the future trend of traffic information industry;
- To analyze industrial size of the industry;
- To reveal opportunities for traffic information industry in China.
Benefit from the Report:
- Obtain latest info of traffic information industry, such as market size, key players, etc.;
- Discover market potential in different regional markets;
- Find out how Chinese traffic information market will change and how your business can be involved in;
- Keep informed of your competitors/their activities in China;
- Learn about key market drivers, investment opportunity;
During the 13th Five Year Plan, the investment will reach RMB4000 billion, the network of railway has to cover 80% county-level division and the cities that have at least 200 thousand people. The network of high-speed railway has to cover 90% regional administrative centers and the cities that have at least 500 thousand people. There are numerous opportunities for railway industry in the future.
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