Market Overview

2018 Shanghai International Rail Transit Exhibition to Showcase the Great Potential of the Chinese Rail Transit Market

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2018 Shanghai International Rail Transit Exhibition to Showcase the Great Potential of the Chinese Rail Transit Market

PR Newswire

- Rail + Metro China 2018 Preview

SHANGHAI, Aug. 9, 2018 /PRNewswire/ -- The 2018 Shanghai International Rail Transit Exhibition (Rail+Metro China 2018) produced by Shanghai Shentong Metro Group and Shanghai Intex Exhibition Co., Ltd. will be held at the Shanghai New International Expo Center on November 7 - 9, 2018.

I. Rail Transit Market in China Has Strong Growth with a Market Scale in the Trillions of RMB

By the end of December 2017, 33 cities in China have rail transit and the total mileage is in excess of 4,500 miles. By the year 2020, the operating mileage of urban rail transit in China is expected to reach 7,700 miles. The operating mileage of railway throughout the country exceeds 120,000 miles; the operating mileage of high-speed railway has reached 25,000 miles, which is the greatest in the world. China's rail transit market will remain attractive to global industrial participants for the foreseeable future.

II. Four Major Development Trends Stand Out from Pursuing to Leading the World

In recent years, urban rail transit in China is developing towards large-scale, networked structure, diversified systems, intellectualized equipment and independent technology. Mid-volume and diversified railway systems have been quickly developed. The larger market attracts more stakeholders such as BYD Group, Alibaba (Alipay), Baidu and Tencent, who are starting to take part in the business. New technologies such as cashless payment and face scan payment are available in various cities and have vastly changed people's payment pattern.

III. Understand the Market Direction and More at Rail + Metro China 2018

The exhibition is dedicated to conveying the most practical industry information and building an integrated trade platform. Over 200 exhibitors will attend the show, with an expected 20,000 visitors. CRRC Corporation (19 subordinate companies), Bombardier Transportation Group and BYD Group will showcase the latest technologies and products.

2018 China International Railway Conference for Urban & Intercity Transit (CIRC 2018) will be held in conjunction with the exhibition, hosted by Tongji University, Council for the Promotion of International Trade Shanghai, and Shanghai Transportation Trade Association, in cooperation with Shanghai Shentong Metro Group Corporation. The conference theme is "Innovation in Transport - Smart Urban Transit Systems and their Future Development". This is intended to provide an international platform for industry communication and offer more opportunities than ever before to hear from the leading operators, authorities and solution providers in the region.

For more information, please contact:

Ms. Hu Xiaoping
+86-21-6295-1060
huxiaoping@shanghai-intex.com

Cision View original content:http://www.prnewswire.com/news-releases/2018-shanghai-international-rail-transit-exhibition-to-showcase-the-great-potential-of-the-chinese-rail-transit-market-300692901.html

SOURCE Shanghai Intex Exhibition Co Ltd.

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