SHANGHAI, May 16, 2017 /PRNewswire/ -- The 12th edition of China International Rail Transit Exhibition (Rail+Metro China 2017)" will be held at the Shanghai New International Expo Center on November 21-23, 2017.
The show is produced by China International Engineering Consulting Corporation, Shanghai Shentong Metro Group and Shanghai Intex Exhibition Company and under the strong support of the Shanghai Municipal Transportation Commission, the China Academy of Transportation Sciences and the CIPA Railway Industry International Cooperation Committee.
The urbanization of China in recent times has seen large and medium cities rapidly develop their public transportation systems, to improve urban traffic conditions and reduce environmental pollution. The 13th Five-Year Plan period (2016-2020) marks the start of China's new urbanization plan, with metropolitan areas set to further expand and traffic congestion expected to intensify to a point that strengthening market demand for urban rail transit will be prioritized even more than in past planning periods. According to the Government's approved construction plans, China's urban rail transit mileage will increase 854 km in 2017, and will reach 8,500 km by 2020, with rail transit construction and investment increasing year on year from 2017.
With the new wave of construction in public transport infrastructure now in full swing, on January 17th 2017 the State Council issued a Notice on Several Measures to Increase Openness to Foreign Investment and Encourage Foreign Investment, making it easier for foreign enterprises to enter the Chinese market. The notice will open up China's market further by supporting foreign investment in infrastructure construction through franchise models, creating a more competitive environment in the process. And restrictions on foreign investors to the domestic market will be removed entirely in areas such as rail transit equipment manufacturing.
Rail+Metro China 2017 will cooperate with AHK/GIC Shanghai, American Rail Working Group, RusExpo and other major international partners, setting project demonstration zone and holding project promotion events. Rail+Metro China is always dedicated to promptly conveying the most practical industry information and building an integrated trade platform. We believe 2017's show will hit a new high from every aspect and bring together all the industry's leading figures.
November 21st to 23rd, 2017, we look forward to your participation!
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SOURCE Shanghai Intex Exhibition Co.,Ltd