Core Points - Jiangsu Province has become the first in the country to explore the establishment of a comprehensive regulatory system for local railways [1][2] - The regulatory system aims to create a seamless connection in supervision through all stages: planning, construction, operation, and safety [1] - The system introduces a four-level framework consisting of program regulations, basic regulations, important innovative regulations, and supplementary policies [1] Summary by Sections Regulatory Framework - The newly issued system blueprint outlines 81 institutional needs, highlighting existing foundations and regulatory gaps [1] - The three-year action plan specifies 34 key institutional development plans and timelines for the next three years [1] Industry Development - The focus of railway development in Jiangsu is shifting from network expansion to enhancing overall efficiency, service quality, and sustainability [2] - The implementation of the regulatory system is aligned with the "delegation, management, and service" reform and aims to clarify regulatory responsibilities and improve mechanisms [2] - The initiative provides a solid institutional guarantee for the safe operation of local railways and the high-quality development of the railway sector in Jiangsu [2]