Beijing issues subway price adjustment plan(5/6)

The Beijing Subway is a rapid transit rail network that serves the urban and suburban districts of Beijing municipality. The subway is owned by the city of Beijing and has two operators, the wholly state-owned Beijing Mass Transit Railway Operation Corp., which operates 14 lines, and the Beijing MTR Corp., a public-private joint venture with the Hong Kong MTR, which manages the other three lines. The subway is the oldest metro system in Chinese mainland. The first line opened in 1969, and it has grown to 17 lines, 232 stations and 465 km of track in operation, making it the second longest subway system in the world after Shanghai. The subway is the world's busiest in annual ridership, with 3.209 billion trips delivered in 2013. With an average daily ridership of 9.7508 million and an average weekday ridership of over 10 million, the Beijing Subway set a single-day ridership record of 11.2414 million passengers on April 30, 2014.