Core Viewpoint - The article discusses the financial struggles of subway systems in China, highlighting the need for fare increases and cost-cutting measures due to rising operational costs and insufficient passenger volume [4][12][25]. Group 1: Fare Increases and Cost Management - Cities like Kunming and Chongqing are considering fare increases to alleviate financial pressures, following the trend set by other cities since 2014 [5][9]. - In contrast, Foshan is adopting a more cautious approach by reducing operational hours and increasing intervals during off-peak times to save costs [7][15]. - The average operational cost per passenger in Chongqing is reported at 15.13 yuan, while the average fare collected is only about 2.2 yuan, indicating a significant shortfall [17]. Group 2: Financial Performance of Subway Systems - Over the past 20 years, many subway systems in China have maintained low fare levels, leading to continuous financial losses, with only 2 out of 28 cities reporting profits without government subsidies [8][9]. - The financial reports for 2024 indicate that Chongqing's operational subsidy requirement is 4.29 billion yuan, while Kunming's is 2.29 billion yuan, reflecting the heavy reliance on government support [19][21]. - The debt levels of subway companies are alarming, with Chongqing's debt at 83.4 billion yuan and Kunming's exceeding 100 billion yuan, accumulated from years of expansion [21][22]. Group 3: Passenger Volume and Efficiency - Despite the extensive subway networks, many cities struggle with low passenger utilization rates, with only 18 out of 41 cities meeting the minimum passenger intensity standard of 0.7 passengers per kilometer [38][43]. - The article emphasizes that the actual passenger volume is often lower than expected, leading to inefficiencies in resource allocation and financial performance [27][45]. - Comparatively, cities like Shenzhen have higher passenger intensity, achieving 1.49 passengers per kilometer, while others like Kunming and Foshan fall below the threshold [38][39]. Group 4: Urban Planning and Development - The article argues that the issues faced by subway systems are rooted in urban planning and the misalignment of infrastructure development with actual passenger needs [12][49]. - Many subway stations are located in areas with low population density, leading to underutilization and financial losses [53][56]. - The planning process often overestimates future passenger demand, resulting in unnecessary construction and increased debt burdens for local governments [45][46].

"左行右立"含隐患，"站稳扶好"才安全 多地地铁部门叫停扶梯"左行右立" 北京部分地铁扶梯上出现"小脚印"，提醒乘客可并排站立；上海地铁在扶梯乘梯须知中明确：禁止行走 或者奔跑；四川成都地铁专门回应网友，不提倡"左行右立"，建议乘坐扶梯时保持静立……多地地铁运 营公司接连发出倡议或提示：不提倡"左行右立"，并大力宣传，引导乘客在乘梯时站稳扶好。 "左行右立"，指的是搭乘扶手电梯时靠右站，将左边一侧空间留给赶路的乘客或作为紧急情况通道。作 为广受认可的国际惯例，这一做法被国内很多城市引进，人们习以为常。 从设备维护看，"经过长时间实践，我们发现，长期'左行右立'会导致自动扶梯右侧滚轮磨损量高于左 侧，并因单侧静态与对侧动态的复合应力，对梯级链条施加不对称载荷，使两侧不同步拉长，降低乘坐 舒适性，提高维护成本，增加安全隐患。"有关专家解释。 从运行速度看，有专家分析，相较于商场内的扶梯，地铁自动扶梯的运行速度更快，在扶梯上行走或奔 跑，摔倒风险更大。 而且随着地铁客流量不断增加，在高峰时段，自动扶梯的通行压力增大，并排站立能提高自动扶梯有效 载客面积利用率。 [ 责编：袁晴 ] 改变既有习惯、重塑文明认知非一时之 ...

Core Points - The renovation of Bajiao Amusement Park Station on Metro Line 1 has officially started, with a planned completion date in May 2027, transforming it into a transfer station for the new Line 1 branch and the Batong Line [1][9] - The construction will involve the demolition of existing entrances and the building of new facilities, including four new entrances and two pedestrian overpass corridors, to improve connectivity and functionality [2][3] Group 1: Construction Details - The existing Bajiao Amusement Park Station is a single-level side platform located beneath Shijingshan Road, and the new station will be a two-level island platform [3] - The construction will be carried out in two phases, with the first phase retaining some existing facilities while the second phase will involve more extensive demolition and installation work [4][5] - A fully enclosed hard barrier will be set up around the construction site to minimize dust and noise pollution, with specific measures to reduce construction noise during nighttime [5] Group 2: Impact on Passenger Flow - During the closure of Bajiao Amusement Park Station, neighboring stations, Guocheng and Babao Mountain, are expected to see a significant increase in passenger flow, with estimates of 21% and 29% growth during peak hours, respectively [6][7] - Measures will be implemented to manage the increased passenger flow at these stations, including the addition of guiding facilities and increased staffing during peak times [7][8] - Public transport services, including bus routes, will be adjusted to accommodate the changes in passenger flow, with some routes extended to ensure connectivity [8] Group 3: Overall Project Significance - The Line 1 branch project is a crucial part of Beijing's metro expansion, with all ten stations and one parking lot now under construction, marking a significant step in enhancing the city's transportation network [9] - The completed Line 1 branch will span approximately 21 kilometers and will greatly improve transportation convenience in the southwestern part of the city [9]

Core Points - Starting from May 31, 2025, Beijing Subway will implement a dual-temperature carriage model across all lines except the Capital Airport Line, with a temperature difference of 2°C between strong cooling and weak cooling carriages to meet diverse passenger needs during summer [1][2] Group 1 - The dual-temperature carriage model will have different configurations based on the specific line, with designated strong and weak cooling carriages [1] - For example, on Line 5 and Yizhuang Line, the first three carriages will be strong cooling, while the last three will be weak cooling; other lines have similar arrangements [1] - Passengers will be guided to choose the appropriate carriage through signage and announcements [1] Group 2 - The subway company will implement dynamic management of carriage temperatures, adjusting daily based on weather, peak load rates, and passenger demand [2] - Regular maintenance of key air conditioning components will be conducted to enhance equipment reliability [2] - The company will also promote the dual-temperature model through offline activities and gather passenger feedback for continuous improvement [2] Group 3 - The subway company has completed the flushing of the air conditioning water system across the network, ensuring readiness for operation [2] - Additional cooling equipment has been installed at ground stations to improve the thermal environment [2] - The company aims to optimize service measures based on weather trends and passenger feedback to provide a more comfortable travel experience [2]

5月29日上午，"1925・上海"主题地铁展览启动仪式在陕西南路地铁站文化长廊举行。展览以1925年发生在上海的重大历史事件为核心内容，精心 划分"力量之源""青春之歌""积蓄力量""工运百年"四大板块。 展览聚焦"中共四大召开""团三大召开""二月罢工""五卅运动"等耳熟能详的历史事件，通过丰富的图文史料集中展示，以沉浸式的呈现方式，带 领观众回溯那段奋勇向前的峥嵘岁月，深切缅怀革命先烈的丰功伟绩。每一幅图片、每一段文字都仿佛在诉说着当年的热血与激情，让历史场景 在地铁空间中"活"了起来。 展览以地铁车站这一公共空间为载体，打破了传统展览的场地限制。让市民和游客在日常出行中感受上海这座城市深厚的历史底蕴，唤醒内心的 红色记忆，弘扬上海城市精神。 1925年，中国共产党实现从理论突破到实践跨越，从政治小团体发展成为群众党。这一年，中国共产党在上海召开第四次全国代表大会，首次提 出无产阶级领导权与工农联盟问题，将九百多名党员的星火播撒成日后席卷全国的革命烈焰；在团三大上，中国社会主义青年团改名为中国共产 主义青年团，两千余名青年团员褪去青涩，用笔尖与演讲诠释"觉醒年代"的青春定义；从二月罢工的纱厂车间到五卅运动 ...

Core Viewpoint - The article discusses the rising costs of living in various cities, particularly focusing on public transportation fare increases and utility price hikes, indicating a shift in economic dynamics where traditional funding mechanisms are no longer sustainable [4][7][14]. Group 1: Public Transportation Pricing - Cities like Chongqing, Kunming, and Guangzhou are initiating fare increases for public transportation, signaling a broader trend across urban areas [2][3]. - The financial strain on public transportation systems is evident, with Chongqing's metro receiving a subsidy of 4.35 billion yuan and Beijing 24.85 billion yuan, yet still facing deficits [7]. - The previous model of "land financing" for metro systems is failing as real estate sales decline, forcing cities to rely on fare increases for operational sustainability [8][9]. Group 2: Cost of Living and Inflation - The article highlights that while housing prices have decreased, the cost of living is rising, leading to a perception of financial strain among households [4][5]. - The adjustment of utility prices is linked to government fiscal pressures, as subsidies diminish when land sales decline [14][15]. - The government is signaling a need to address low prices in essential services to prevent deflationary pressures, which could undermine market confidence [16]. Group 3: Economic Implications - Rising prices in essential services like transportation and utilities are expected to impact the Consumer Price Index (CPI) and Producer Price Index (PPI), with potential increases of 0.2-0.4 percentage points for CPI and 0.5-1 percentage points for PPI if utility prices rise by 4%-8% [17]. - The article suggests that the current inflation is not widespread but concentrated in unavoidable expenses, leading to a mismatch between stagnant income growth and rising living costs [19][20]. - The focus of asset allocation is shifting from high returns to stable cash flow assets, as households seek to manage cash flow amidst rising living costs [24][29].

作者：RT轨道交通 来源：RT轨道交通 近日，国内28城地铁公司公布了2024年年度报告。 小编从年报中摘取公司营收及利润进行了对比，各地铁公司盈亏几何？一起看下吧！ 我们都知道， 地铁的运营成本很高 ，根据城市轨道交通协会发布的《城市轨道交通发展战略 与"十四五"发展思路报告》显示，2019年全国轨道交通企业运营成本（不含大修更新）的中位 数为1126.15万元/公里，进入大修更新期的北上广深等特大城市轨道交通公司运营成本超过 1500万元/公里。同时，城市轨道交通的建设投资也非常高，一公里地铁造价在数亿元。 营业成本的高居不下，大部分地铁都无法通过自身经营实现盈亏平衡。各地铁公司 不得不依靠当 地政府提供大量补贴 。 | 公司名称 | | | | 田景流田市 | | --- | --- | --- | --- | --- | | | | | | (17.71.) | | 广州地铁集团有限公司 | 230. 62 | 242.68 | 22. 84 | 0. 22 | | 深圳市地铁集团有限公司 | 211.89 | 211.89 | -332.82 | -335.66 | | 宁波市轨道交通集团有限公司 ...

Core Points - The construction of the subway Line 1 branch is underway, with the existing Bajiao Amusement Park Station closed for renovations starting June 2, 2023, and expected to reopen in May 2027 [1][3] - The Line 1 branch will connect Qinglonghu East Station to Bajiao Amusement Park Station, covering a total length of 21 kilometers, with 10 stations and 1 parking lot under construction [3][5] Construction Progress - As of now, the main structure of the stations is 20% complete, with 4.5% of the section structure and 15% of the vehicle base structure finished [3] - The construction plan for the Bajiao Amusement Park Station has undergone multiple optimizations to minimize the impact on local residents [3][4] Station Features - The new Bajiao Amusement Park Station will be a two-level island station, replacing the existing station's two entrances with four, including two accessible entrances [4] - The new design will address the current lack of connectivity between the north and south platforms by adding two underground pedestrian passages [4] Transportation Integration - The completed Line 1 branch will enhance connectivity between the new Shougang Industrial Service Area and the Fengtai Hexi area, improving public transport services in the region [5] - The project aims to create a comprehensive transportation system in the southwest direction of the city, integrating with suburban rail and other metro lines [5]

Core Viewpoint - Recent discussions in multiple cities regarding subway fare increases highlight the financial pressures faced by public transportation systems, with many cities considering fare adjustments to cover rising operational costs [1][15][16]. Fare Adjustments - Chongqing is set to hold a public hearing on May 29 to discuss fare adjustments, potentially raising the starting fare from 2 yuan to 3 yuan, making it the third city in China to implement a 3 yuan starting fare [1][2]. - Kunming has already reduced the distance that can be traveled for the same fare, while Foshan has adjusted its operational strategy without changing fares, aiming to reduce costs [1][2]. Public Sentiment - Public opinion largely opposes fare increases, as many view subways as essential public services that should remain affordable [1][15][17]. Financial Pressures - Subway companies heavily rely on government subsidies due to low fare structures, which have become increasingly unsustainable amid local fiscal pressures and a declining real estate market [1][9][11]. - In 2024, 18 out of 29 subway companies reported revenue increases, but only 13 saw net profit growth, indicating a mixed financial landscape [9][10]. Revenue and Profitability - Guangzhou Metro has become the highest-grossing subway company in China with revenues of 231 billion yuan in 2024, while Shenzhen Metro reported a significant loss of 334.6 billion yuan due to real estate investments [10][11]. - The profitability of subway companies is closely tied to government subsidies, with Beijing Infrastructure Investment receiving 248.5 billion yuan in subsidies in 2024, the highest among peers [13][14]. Cost Structure - In Chongqing, ticket revenue covers only 14.54% of operational costs, highlighting the financial strain on subway systems [16]. - The average cost of a subway trip in Chongqing is estimated at 27.5 yuan, significantly higher than the current fare [16]. Alternative Revenue Streams - Experts suggest that subway companies should explore alternative revenue sources such as advertising and commercial operations within stations to enhance financial sustainability [18][19]. - The decline in real estate-related income necessitates a shift towards optimizing operational efficiency and exploring new revenue avenues [18][20]. Operational Efficiency - Improving management efficiency and controlling operational costs are critical for subway companies to maintain financial health, especially in light of potential fare increases [19][20].

Core Viewpoint - The article discusses the financial challenges faced by urban rail transit systems in China, particularly focusing on the recent fare increases in Chongqing and the severe financial distress of the Kunming rail transit system. It emphasizes that while fare increases are necessary for sustainability, they reflect deeper issues within local government finances and urban planning strategies [2][4][10]. Summary by Sections Fare Increases and Financial Sustainability - Chongqing's metro system is raising fares due to insufficient ticket revenue, which has been a long-standing issue. The fare system has not changed since 2005, making the increase understandable after 20 years [2][3]. - In 2023, Chongqing's rail transit group received fiscal subsidies of 8.538 billion yuan and is projected to receive 4.347 billion yuan in 2024, highlighting the reliance on government support to cover operational losses [3]. Local Government Finances - The financial health of urban rail systems is closely tied to local government finances, serving as a barometer for fiscal stability. Chongqing's total government debt is projected to rise from 1.2258 trillion yuan at the end of 2023 to 1.4425 trillion yuan by the end of 2024, indicating increasing debt pressure [4]. - The city's public budget revenue is around 700 billion yuan, with significant debt repayment obligations, suggesting a challenging fiscal environment ahead [4]. Impact of Fare Increases - While fare increases are a necessary measure, they are not the preferred solution due to potential public backlash. The government is prioritizing cost-cutting measures over revenue generation through fare hikes [4][5]. - The expected revenue increase from the fare hike in Chongqing is estimated at 1.1 billion yuan, which, while helpful, is significantly lower than previous subsidies [5]. Comparison with Kunming - Kunming's rail transit system faces a more severe financial crisis, with a total debt exceeding 100 billion yuan and a history of defaulting on bond payments. The city's rail system has been criticized for poor planning, leading to low passenger volumes [6][9]. - The article highlights that Kunming's rail system has been mismanaged, with a focus on land development rather than efficient transit planning, resulting in high costs and low returns [7][9]. Broader Implications - The article warns against the trend of rapidly developing urban rail systems in second and third-tier cities without proper planning, which can lead to financial burdens and incomplete projects. The example of the dismantled light rail pillars in Liuzhou illustrates the consequences of hasty infrastructure investments [9][10]. - Overall, the article suggests that urban rail systems should primarily serve public transportation needs rather than being seen as tools for land value appreciation, as misguided priorities can lead to unsustainable financial practices [10].