An open and unified transportation market, expected to help transition the country towards a greener and more technologically advanced transportation network, is in the pipeline after China released a guideline recently.
The country will encourage and guide the participation of social capital in railway construction and operation, in accordance with laws and regulations. Eligible enterprises will be supported to manage intercity railways as well as urban and suburban railways.
The guideline emphasizes the green and intelligent transformation of transportation. It mandates environmental impact assessments for transportation infrastructure planning and construction projects, ensuring alignment between development plans and ecological protection standards. In addition, it seeks to enhance the sharing of data regarding energy consumption and carbon emissions in the transportation sector.
To push for cleaner energy solutions, the policy aims to improve regulations regarding energy substitutions in transportation equipment. It encourages the adoption of new and clean energy in medium- and heavy-duty trucks and vessels, while also continuing to implement pilot projects for autonomous driving and intelligent shipping technologies.
Enhancing the openness of the transportation sector is another key focus. The government is set to establish a regulatory framework that aligns with international norms, gradually expanding institutional openness in rules, regulations and management. This includes proactive engagement with international high-standard trade rules and fostering institutional innovation in designated free trade zones and ports.
In addition, the country will strengthen transportation connectivity with countries involved in the Belt and Road Initiative, harnessing platforms like the Global Sustainable Transport Innovation and Knowledge Center to boost global transportation cooperation.
Efforts will be made to accelerate the establishment of an international logistics supply chain system, create a diverse international transport corridor, and improve the comprehensive global transport service network, thus enhancing the resilience and security of the logistics supply chain.
The guideline also underscores the importance of data and technology in transportation development.
By leveraging a national integrated big data center and promoting inter-regional and inter-departmental sharing of transportation data, the country will enhance data analysis application, and deepen the comprehensive development and intelligent application of data resources.