Government is the major player in implementing the public transportation
priority strategy. In addition to providing policies and guidelines, the central
government is also studying the possibility of setting up a fund for first
developing public transportation and then guiding capital investments in
related projects such as regional public transport hubs and urban rail
transportation. To complement this, local governments need to strengthen
their efforts in encouraging capital investments and directing governmental
funds toward green sustainable transportation.
At the same time, municipal governments must guide the reform of public
transport companies, and also encourage social capital to participate in
public transportation investment, construction, and operation activities by
way of joint ventures, partnerships, or authorized operations. The intention
is to gradually form a unique pattern of state-owned enterprise dominance,
multiparty participation, large-scale operation, and orderly competition by
implementing a franchising operation system