Sustainable Development of Transport in China

2. Leading Economic Development

A nation and its economy can only be strong when its transport system is well-developed. Transport plays a leading role in economic and social development. China ensures that it can play this role to the fullest by always planning for the future and maintaining an appropriate pace of growth.

? Priority in planning. Priority has been given to transport when implementing strategies for coordinated regional development, including the Beijing-Tianjin-Hebei Region, the Yangtze River Economic Belt, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area, and when facilitating major programs such as poverty eradication, rural revitalization, and new urbanization.

? Future-oriented planning. In formulating comprehensive transport plans, and in building a comprehensive and multidimensional transport network, China has adopted future-oriented plans for infrastructure construction to accommodate new industrialization, information technology, urbanization, and agricultural modernization. The goal is to bolster economic and social development now and in the future.

? The leading role of transport. Transport should play a key role in making the best use of land, facilitating cross-region industrial transfer, improving the spatial layout of urban areas, and promoting economic exchanges and trade. China gives full play to the leading role of new internet-based transport business forms in fostering driving forces for economic development and accelerating the rise of new forms of economic activity.

3. New Development Philosophy as Guide

Implementing the vision of innovative, coordinated, green, open, and shared development is the key to developing China's transport industry in the new era. China works to steer the future of transport with the new development philosophy, updating concepts, adopting new approaches, resolving difficulties and boosting strengths.

? Building a modern comprehensive transport system that is safe, convenient, efficient, green and economical. China aims to build a high-quality rapid transit network, an efficient regular artery network, and an extensive basic service network. China is moving faster in building a comprehensive and multidimensional and interconnected transport network that traverses the whole country and connects it to the world.

? Advancing supply-side structural reform in transport. China reduces the structural, institutional, technical, administrative, and service costs of transport, helps logistics industry to reduce costs and increase efficiency, so that transport can play the principal role in boosting the development of the logistics industry.

? Improving the business environment. In promoting law-based governance of the country, China properly defines the fiscal powers of the central and local governments in the field of transport and their responsibilities for expenditure, further streamlines administration and delegates powers, strengthens regulation, and provides better services to the transport industry. Efforts have been made to build a new supervision mechanism based on credit, and provide a business environment that is based on market principles, governed by the rule of law, and aligned with international standards.

? Strengthening drivers of development. China encourages and regulates new forms of business in the transport industry, accelerates the transformation of growth drivers, and strives to establish a multilevel transport service system offering high quality and diverse options.