A Study On Urban Mass Transit's Integrated Development And Benefit Sharing Mechanism

Because of the advantages of on-time, high capacity, less pollution and high quality of service, urban rail transit (URT) play a great role in the system of mass transit. It has been a strategic choice of big and middle cities'modern transit system. However, the cost of URT is very high. Ballot box revenue can only compensate for operating costs. The construction funds mainly come from government funds and bank loans. Thus, it has important practical significance to develop a rail transit project financing channels.In this paper, qualitative and quantitative research methods are both used. Firstly, three kinds of value-added capture operating model were analyzed, especially the experience of Hong Kong was summarized and China's relevant policies were combined with, sustainable urban rail transit profit model suited to China's urban development needs was explored. Then, according to the proposed integrated development model, quantitative model was applied to determine the value-added of residential buildings. According to the passenger survey results, analysis of the main points of the commercial property investment was analyzed.In this paper, through qualitative research, the integrated development model is thought the suitable profit model of China's mainland cities for sustainable development of URT. Passenger survey results show that because of the differences of regional characteristics, commercial property types and property grade, customer proportion was different. In the commercial property management and development through the use of the resources of rail transit stations, URT enterprises should invest on potential commercial property project according to the differences of regional characteristics and station characteristics. Quantitative analysis showed that the in the opening and operational phase, the premium was more obvious, and value-added capturing measures can been made according to this. The result of the this study has referring value to rail transit planning sector and rail transit operators.