MTR Corporation：Build New Business Scenarios of Rail Transit Commerce and Improve the High-quality Development of Rail Transit Industry

MTR Corporation

Executive summary

Due to the global economic downturn and geopolitical tensions, China's economy has not yet fully rebounded in the post-pandemic stage. To spur future economic growth, China must leverage the advantages of its enormous domestic market and unlock its potential of domestic demand.

The central government has recognized the importance of boosting domestic demand and consumption for driving economic development, and has implemented multiple policies aimed at stimulating consumption, enhancing purchasing power, and innovating consumption scenarios.

China's urban rail transit system is unparalleled in its scale and development speed, yet it is limited by natural drawbacks such as huge external benefit yet insufficient internal return. While constructing this vast network, an important task for the rail transit industry is to capitalize on the unique advantages offered by its huge traffic in order to create innovative new consumption scenarios which will boost revenues of rail transit companies and promote high-quality development of the sector.

As a leading rail transit operator in the world, the MTR Corporation has been working closely with the Hong Kong SAR government in the past four decades to implement high-quality urban development strategies and explore new ways to utilize the traffic resources of rail transit. As a result, MTR has successfully created thriving business scenarios based on rail transit traffic, contributing significantly to the city's development and realizing its own high-quality growth. MTR’s success can serve as a valuable reference for cities in the Chinese mainland which are seeking to innovate and develop new consumption scenarios centered around rail transit.

Looking ahead, the MTR Corporation remains committed to engaging in the drive of Chinese-style modernization and is willing, confident and ready to contributing more to the high-quality development of the rail transit industry across mainland China.

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MTR Corporation：Build New Business Scenarios of Rail Transit Commerce and Improve the High-quality Development of Rail Transit Industry