Intelligent transportation companies will continue to receive financial support

Intelligent transportation systems are an important part of highways, railways, and urban transportation, and they are crucial for building more efficient and greener traffic management systems. China's smart transportation application is still in its infancy. Compared with the market scale of more than 100 billion US dollars overseas, the development prospects and space are significant.

In recent years, a number of domestic government-level smart transportation project plans and investments have appeared in succession. Beijing’s “Twelfth Five-Year Plan” spent 1.4 billion yuan to build intelligent transportation; Nanjing will use Internet of Things technology to build a comprehensive “perceived” within two years. Based on the new intelligent transportation system, Panyu invests 40 million yuan, Zhengzhou invests 80 million yuan, and Chancheng plans to invest 100 million yuan to build an urban intelligent transportation system.

According to the survey agency's forecast, the annual compound growth rate of investment in China's intelligent transportation system construction in 2011 will exceed 20%, and it is expected that industry input will reach 150 billion yuan in the next three years. Intelligent transportation related companies will continue to be hot spots for capital.

The 6th China Intelligent Transportation Annual Meeting and China International Intelligent Transport Exhibition Organizing Committee, in order to promote the connection of high-tech achievements and capital, actively invited investment institutions to attend and discuss cooperation. It is expected that during the opening of the annual meeting, there will be DTZ Capital, Carlyle Capital, Qingyun Venture Capital, Sequoia Capital, IDG Technology Ventures, U.S. Capital Group, Spanish Investment Group, Goldman Sachs Capital, Legend Capital, and Defengjie Venture Capital. Dozens of investment institutions attended the conference and used the annual “Golden Bridge” to reach out to SMEs.

The 6th China Intelligent Transportation Annual Conference is bound to provide the best platform for entrepreneurial companies to cooperate, finance and access the capital market!