Market Opportunity Of Urban-rural Transportation Integration

2022-11-16
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Market Opportunity Of Urban-rural Transportation Integration

In order to promote the construction of new urbanization in China, improve the system of new urbanization municipal facilities, consolidate the basic support for county operation, and promote the integrated development of urban and rural areas. The General Office of the CPC Central Committee, the General Office of the State Council and the Ministry of Transport of the People's Republic of China have successively issued two national documents, namely, the Opinions on Promoting the Urbanization Construction with County Town as an Important Carrier, and the Administrative Measures for the Establishment of Demonstration Counties for the Integration of Urban and Rural Transportation.

The release of the above two national level documents put forward clear requirements for the county to open intercity public transport with surrounding cities, carry out the integration of urban and rural transport, and transform passenger transport routes into public transport.

The implementation of the national policy of "urban and rural transportation integration" has also brought a new development opportunity to the development of domestic bus manufacturers and parts supporting enterprises, with huge market potential. This is also the market that all bus manufacturers and accessory enterprises should focus on in the next few years.
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