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Transport and logistics
BusinessChina Business

Alstom foresees rapid growth in China as cities with million-plus residents build metros

While 150 cities in China have more than a million inhabitants there are just 40 urban rail systems, leaving massive shortfall

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Jean-Francois Beaudoin, senior vice-president Asia-Pacific at Alstom. Photo: Jonathan Wong
Summer Zhen

French transport multinational Alstom, a key player in China’s rail system development, said China’s metro network had yet to keep up with fast-growing demand and the firm was betting on it for growth.

Alstom also helped Hong Kong build its first driverless subway train which launched last month.

“If you have a city with more than one million people, you need a metro system,” senior vice-president Asia-Pacific for Alstom Jean-Francois Beaudoin told the Post.

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In China, there were about 150 cities with more than one million residents, but only about 40 cities had metro projects approved; “the market potential is huge,” he said.

Passengers take the driverless South Island MTR Line. Photo: Nora Tam
Passengers take the driverless South Island MTR Line. Photo: Nora Tam
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Currently two-thirds of Alstom’s contracts in Asia by number are from projects in China.

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