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Research on the Innovative Development of China’s Comprehensive Transportation System

Author

Listed:
  • Xia Jiechang

    (Researcher at the National Academy of Economic Strategy, Chinese Academy of Social Sciences, Beijing, China)

  • Liu Yijun

    (School of Tourism Science, Beijing International Studies University, Beijing, China)

  • Peng Mengyuan

    (School of Finance and Statistics, The Australian National University, Beijing, China)

Abstract

The comprehensive transportation system is the intensive development stage of the transportation industry, which has gradually become the mainstream transportation mode in the world by giving full play to the advantages of different modes of transportation, promoting the effective use of resources, saving energy and reducing environmental pollution. Since the beginning of reform and opening up, China has achieved a steady improvement in the quality of transportation and a rapid growth in quantity, and has made remarkable achievements in stimulating economic growth and improving people’s well-being. During the14th Five-Year Plan period, China’s comprehensive transportation development will continue to take into account the basic needs and diversified needs, promote the diversified and high-quality development of transportation services, gradually realize the enjoyment of people’s travels and the smooth flow of goods, and continuously meet the growing needs of the people for a better life. We must follow the general idea of “forcing market entities to take the initiative to compete, guiding the development of emerging industries, cultivating the core carrier that drives the integrated development of transportation services, improving regional transportation coordination capabilities, and comprehensively using cutting-edge technologies”, constantly innovating and making breakthroughs in infrastructure, technological innovation, institutional mechanisms, investment and financing policies, and promoting the innovative development and overall leap of China’s comprehensive transportation.

Suggested Citation

  • Xia Jiechang & Liu Yijun & Peng Mengyuan, 2022. "Research on the Innovative Development of China’s Comprehensive Transportation System," China Finance and Economic Review, De Gruyter, vol. 11(2), pages 85-99, September.
    • Handle: RePEc:bpj:cferev:v:11:y:2022:i:2:p:85-99:n:4
    DOI: 10.1515/cfer-2022-0011
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