With the rapid development of China's economy, the process of urbanization has been accelerating, and the construction of rail transit has achieved remarkable achievements. The implementation of the strategy of “accelerating the development of railways and urban rail transit†has made rail transit more and more important in China's comprehensive transportation system.
At present, in the context of the global financial crisis, the Chinese government has taken a series of important measures to boost domestic demand, protect people's livelihood and ensure growth, one of which is to increase investment in rail transit construction. In 2009, China's railway infrastructure investment will reach 600 billion yuan, and plans to complete the new line laying track of 5,148 kilometers; intercity rail transit and urban rail transit will also usher in a new construction climax.
At present, more than 40 cities in China are planning to build rapid rail transit projects such as subways and light rails. Among them, 17 cities that have been approved plan to build 1,856 kilometers of urban rail transit lines by 2015, with a total investment of more than 600 billion yuan. The total length of the approved urban rail transit will exceed 2,600 kilometers. Various data show that China has formed one of the world's largest and fastest-growing rail transit construction markets.
These measures will drive the prosperity of the hardware market. In the railway and road transportation infrastructure projects, whether it is excavation or cutting hard stones, a large number of diamond cutting tools such as diamond drills and cutting machines are needed. In addition, according to the construction of new railway construction, in the next two years, the Chinese government will plan to arrange the investment of locomotive vehicles to purchase about 300 billion yuan. Therefore, the fastener configuration supporting the main engine and the OEM will usher in a broad market space.
C&K MOSAIC , https://www.cnkmosaics.com