Study On Financing Mode Of City Subway Construction

City Subway is a quasi public good, one of the city’s infrastructures, its engineering construction, operation and property development has strong externality. Subway has large construction investment, while operating income is rather limited fare. From the opening of city subway at present in the world, it is not difficult to find that most city’s subways run at a loss, subsidized by government. In this dissertation, we set Nanchang subway construction financing mode as the object of study, using the methods of reference, comparison and case analysis, summing up the current situation and problems of Nanchang rail transit financing mode based on the analysis and comparison of urban rail transit in our country. We can put forward the financing method of “subway + community to the Nanchang subway construction then analyze operating profit under this mode.Firstly, this dissertation describes the concept and theory of subway characteristics,summarized the theoretical research and relevant experience of subway construction financing mode from domestic and overseas. Secondly, a brief introduction of current situation of domestic city subway construction, then author analyzes the general problem of its financing exist in depth. Again, through a comparative analysis of the investment and financing mode in city subway construction in China, the experience of Hong Kong “ Subway + community ” financing mode can be used for the construction of Nanchang subway; finally, author analyzes operating profit of this mode after the operation, and provides reference for the construction of rail transit in other cities.