Author(s)

Fan Wang, Peng Yang, Yi Chen, Wanning Yu

Corresponding Author

Fan Wang

Abstract

In 2009, Taiyuan City officially launched the subway construction project. At present, the construction of Taiyuan subway line has been in full swing. Looking at major cities at home and abroad, urban subway has become an indispensable part of the development of large cities. China is the world's largest rail transit construction market, and subway construction has become an essential way for China's big cities to boost the economy. However, although there have been studies on the metro economy in China, there are few detailed analysis and theoretical explanations on the construction of subways in second- and third-tier cities. On the one hand, Taiyuan, a second-tier medium-sized city, needs to adopt rail transit as a new way to promote urban regional economic development. On the other hand, the contradictions between Taiyuan’s crowded road conditions and rapid development have become increasingly serious, energy-saving, environmentally friendly, and efficient. Thrust is also the key to breaking the bottleneck in the development of big cities. As a result, the subway economy came into being. However, people in many places are still very strange to the subway. They think that there is no need to build a subway in the city scale of Taiyuan. It can be seen that the various characteristics of the metro economy in the modern city have made it a research subject that has to be focused on.

Keywords

Metro economy, urban development, regional synergy, rail transit