Entrusted by GFI Genfare Corporation, doing investigation and research of automatic bus fare collection equipment in public transit system in Mainland China, in order to provide some references and advice for GFI Genfare ’s products entry to China’s market.
Research Objectives
（1）Outlining the present development and prospect of bus fare collection equipment in public transit system in Mainland China
（2）Grasping demand characteristics of all interest groups (including governmental departments in charge, public transit investment corporations, the bus service providers and passengers) to bus fare collection system
（3）Recognizing the functions and most concerned perceived values of above mentioned interest groups in the purchasing decision-making process of bus fare collection equipment in public transit system
（4）Listing and understanding laws and rules in term of purchasing and operation of bus fare collection equipment in public transit system in Mainland China, in order to provide some references and advice for GFI Genfare’s products entry to China’s market
Research Subjects
This project takes some cities in Mainland China as samples.
- Sample criteria
- A population of over one million
- Bus fleet of at least 500 buses
- Major sampling cities
- Selecting most representative cities in the areas among the cities up to the criteria, to carry on further research and analysis
- Concrete key samples will be discussed and determined by both GFI Genfare Corp.
- In light of the circumstances,suggests selecting 4 municipalities and capitals of 28 provinces and autonomous regions in Mainland China as preliminary samples, that is 32 cities as the major samples of the project.
Research Approaches
The research will be based on some general methods of data collection and research, however, these methods will be selectively used according to the practical situation.
- The collection of second-hand data，including statistical yearbooks， specialized research reports, research paper, Internet etc.
- Expert interview, including governmental department in charge, principals of the guild
- Manager Interview (including principals of all the interest parties in public transit system)
- Quantitative and qualitative analysis
- Static and dynamic analysis
- Five competitive force model
Research Description
Part1: Fundamental information of automatic bus fare collection equipment in public transit system in Mainland China
5.1 Fundamental factors of the cities up to criteria
5.1.1 Geographic location
5.1.2 Economic conditions
5.1.3 Population size
Part2: Market research of automatic bus fare collection equipment of public transit in 32 major cities
5.2 Fundamental information of public transit system in Shanghai
5.2.1 the present development of public transit system in Shanghai
- Covering areas of Shanghai public transit system
- Population that Shanghai public transit system covers
- Components and structure of Shanghai public transit system
- Operation of Shanghai public transit system, including annual number of passengers, annual revenues and operation costs
5.2.2 Outlook and prospect of public transit system in Shanghai
- Prospective planning of Shanghai public transit system
- Development objectives of Shanghai public transit system
5.3 Research of existing bus fare collection methods of Shanghai public transit system
5.3.1 existing bus fare collection methods of Shanghai public transit system
5.3.2 Existing equipment and system used in bus fare collection in Shanghai public transit system
- Products
- Technology
- Price
- Suppliers
5.3.3 Evaluation of existing bus fare collection methods of Shanghai public transit system
- Advantages
- Disadvantages
5.4 Purchaser analysis of bus fare collection equipment of Shanghai public transit system
5.4.1 Purchase decider of bus fare collection equipment of Shanghai public transit system
- Who?
- Ownership?
- Perceived value in the purchasing process?
- Perceived value of technology and performance of the products?
5.4.2 Purchase executor of bus fare collection equipment of Shanghai public transit system
- Who?
- Ownership?
- Perceived value in the purchasing process?
- Perceived value of technology and performance of the products?
5.4.3 other influencers of purchasing bus fare collection equipment of Shanghai public transit system
- Who?
- Ownership?
- Perceived value in the purchasing process?
- Perceived value of technology and performance of the products?
- Impact of these influencers to purchasing decision-making?
5.5 Purchasing process analysis of bus fare collection equipment of Shanghai public transit system
5.5.1 Purchasing process of bus fare collection equipment of Shanghai public transit system
5.5.2 Fund resources of purchasing bus fare collection equipment of Shanghai public transit system
- Self-financing?
- Bank loans?
- Funding from government?
- Sellers assists buyer in securing loans?
- Other means of ventures?
5.5.3 Payment terms of purchasing bus fare collection equipment of Shanghai public transit system
5.6 Favorable policies to foreign investment of Shanghai
Part 2: Other issues of market research of automatic bus fare collection equipment in public transit system in Mainland China
5.7 Related laws and rules for GFI Genfare’s entry to the market of Mainland China
5.7.1 What, if there is any, the latest laws or rules of financing terms if suppliers assist buyers to secure loans?
5.7.2 Whether local participation is required to GFI Genfare’s entry to Mainland China?
5.7.3 Whether technology transfer is required to GFI Genfare’s entry to Mainland China?
5.7.4 What, if there is any, industry or GB standards about automatic bus fare collection equipment in public transit system in Mainland China?
