宁波、洛阳两地地铁新规划暂缓 客流强度不达标是主因

Group 1 - The approval process for urban rail transit projects has become stricter, leading to delays in new construction plans in various cities due to insufficient passenger flow and fiscal revenue [1][2] - Ningbo and Luoyang have both indicated that their conditions for submitting new rail transit plans are not yet mature, with Ningbo citing the need for improved passenger flow intensity [1][2] - The average passenger flow intensity for Luoyang's metro lines is currently 0.46 million per kilometer per day, below the required standard of 0.7 million [1] Group 2 - Since 2017, following the suspension of the Baotou metro project, there has been a noticeable shift in the approval and construction of metro projects, with increased policy requirements [2] - The State Council's document from July 2018 raised the thresholds for local fiscal revenue and GDP for cities seeking to build metros, requiring a minimum of 300 billion in fiscal revenue and 3 trillion in GDP [2] - As of October, only 15 out of 43 cities operating metros met the required passenger flow intensity, resulting in a compliance rate of 34.88% [3] Group 3 - The investment scale for urban rail transit construction in China peaked at 628.6 billion in 2020 but has been declining, with an expected investment of 474.94 billion in 2024, a year-on-year decrease of 8.91% [4]