Rail transit equipment industry as a strategic emerging industry in our country, brought to the attention of the state and local governments. In recent years, with continued into the national construction of high-speed railway and urban rail transit infrastructure across the country to the rising number of city, rail transportation equipment industry presents the good development momentum.
According to forward-looking industry institute released "rail transit equipment industry development trend and market segment investment prospects analysis report, statistics show that by the end of 2017, China rail transit lines of 5022 kilometers, up 20.9% from a year earlier, nearly five years CAGR (compound annual growth rate of 19.5%; Under construction in city rail transit 43, under construction in length of 6246 kilometers.