轨道交通行业上市融资的法律实务（上）

随着中国经济的不断发展，城市基础设施建设和城市间铁路建设也随之加快了脚步．一些特大、大型城市及大型城市之间都在积极发展轨道交通系统，北京、上海、广州、深圳、武汉、南京、沈阳等城市已经编制了城市轨道交通网络的专项规划，还有部分城市根据自身需求提出了单个项目的建设计划，北京至上海，上海至杭州以及各大城市之间的铁路也频繁提速，并推出了磁悬浮列车等新型机车，铁道系统的投资曾一度引起全国人民的热烈关注。但是，众所周知，轨道交通本身造价高昂，前期投资过高，筹集巨额建设资金就成了制约轨道交通发展的首要障碍。

Legal Practice of Market Financing of Railway Industry

With the continued development of Chinese economy, urban infrastructure construction and urban railway construction has been accelerated pace, some big, major cities and large cities are among the positive developments in the rail transportation system, Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Nanjing, Shenyang and other cities have prepared for urban rail transport network special planning. There are some cities on the basis of their own needs for the individual projects, the Beijing-Shanghai, Shanghai-Hangzhou railway between major cities and also frequent accelerated and launched a high-speed magnetic train, and other new types of locomotives, railway system investment was once a warm concern of the whole nation. However, it is well known that orbital transport themselves was high value, high-investment, raise huge amounts of funds have become the primary obstacle to the development of rail transportation constraints. Therefore, the investment and financing of rail transportation industry is also increasinalv revealina its importance.