Beijing invested a total of 340 billion yuan (US$50billion) in transportation from 2012 to 2016, of which the investment in public transport accounted for 75 percent of the entire transport infrastructure investment at municipal level.

The past five years have seen Beijing accelerate the construction of transport infrastructure. Beijing has figured out various effective approaches to strike a balance among regulation, construction, management and restrictions. Traffic capacity has been improved significantly and congestion has been eased thanks to the implementation of 718 projects, said Rong Jun, member of the Beijing Municipal Commission of Transport at a press conference on Monday.

Meanwhile, Beijing has introduced the investment and financing mode which are tailored for the construction of rail transit, expressways, urban roads and average roads respectively in order to attract private funds.

The new airport metro line and the ring expressways in the capital city have been designated as the third batch of pilot projects of public-private partnership (PPP) by the Ministry of Finance. The two projects have attracted private funds of 20 billion yuan.

Data show that Beijing’s rail transit length has jumped from 372 kilometers to 574 kilometers in the past five years, with over 10 million of passenger journeys made each day. The length of urban roads has increased from 6,258 kilometers to 6,374 kilometers and that of expressways from 912 kilometers to 1,014 kilometers.

Beijing has also kept improving traffic management and services. It only takes a year to finish the planning and design of an expressway prior to construction, compared to four years in the past.

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