Research on the role of urban rail transit in promoting economic development

Urban rail transit becomes the important mean for developing urban economy, improving industrial structure and raising citizens’ living standard for its great social and economic effects. With the growth of economy, its role of boosting domestic demand and driving economic growth has been more obvious. And it will become the major impetus for fueling green GDP growth and promoting urban sustainable development. This paper, from the urban sustainable development point of view, analyzes the social property and economic property of urban rail transit, and points out the direct effect and indirect effect on economic development by the urban rail transit construction. And advices about urban rail transit construction have been put forward in this paper.