During the analysis, said, "Thirteen Five" China's railway investment expected to reach 3 trillion

2018-08-07 08:18:17 13

Core Tip: Mainland railway infrastructure will take placeduring "Thirteen Five" into the intensive investment period. Sealand Securities believes that the expansion of urban rail transit network will make "Thirteen Five" inland railway investment continued to maintain high growth momentum is expected to total investment in the mainland during the railway will reach 3 trillion yuan (RMB).

Mainland railway infrastructure will take place during "Thirteen Five" into the intensive investment period. Sealand Securities believes that the expansion of urban rail transit network will make "Thirteen Five" inland railway investment continued to maintain high growth momentum is expected to total investment in the mainland during the railway will reach 3 trillion yuan (RMB).

By the end of last year, the national total mileage 2699 km of subway operation, 22 have been opened in the city subway, opened a total of one hundred lines, operating station 2027. Reports said the National Development and Reform Commission at this stage has Pifu 36 urban rail projects, Xining, Zhuhai, Wenzhou and other 43 cities have completed or expand urban rail transportation planning. In the medium term, Chinese urban rail transport to 2018 accumulated mileage will reach 6341 km, the annual compound growth rate of 23.81%, is expected to require investment of at least 3 trillion yuan. In the long term, in 2050 planned route will be increased to 289, total operating mileage of 11,700 km, the next 30 years will be China's urban rail transit construction rapid development of gold.

Sealand Securities is expected that with the gradual completion of the railway project, the proportion of investment is expected to increase during the railway equipment to 25-28%. In view of this, the domestic demand for railway equipment will reach 7500 to 900,000,000,000 yuan, an average annual 1500-180000000000 yuan.

"Eleventh Five-Year" period, the national railway operating mileage of 15,562 kilometers increase, a total of 14,659 vehicles. Sealand Securities Accordingly estimates, each additional 1 km mileage, the increase in the number of passenger trains approximately 0.94, railway construction, "Thirteen Five" period for the 23,000 km of new lines, corresponding to 21 620 railway vehicles, the annual demand for 4324.

Guotai Junan research report that the country speed up railway construction, especially high-speed rail development ideas gradually clear, the use of the railway construction to promote consensus Urbanization also all levels of government, "This is the 'Thirteen Five' plan to develop, we believe that investment in railways We will continue to remain strong. " The report also pointed out that, as the Beijing-Shanghai high-speed rail trunk, although during the "five-second" built, but connect the mains feeder, such as inter-city lines, etc. remain to be improved; at the same time, high-speed rail network in eastern Although initially built, but Midwest especially in the western region to be perfect, "'Thirteen Five' is still the golden period of the railway construction and development."