Abstract
Private railway development in Japan is closely related to the evolution of its metropolitan area. Private railway in the Japanese metropolitan area has experienced stages of emerging, booming and government support. Private railway in the Japanese metropolitan area successfully gave rise to social capital investment, promoted the joint development of land, and brought the benign development of marketization operation. Japanese government supported the development of the private railway in terms of policies and funds. Therefore, the development of private railway in Japan has implications for Chinese regional railway to attract social capital and develop diversified management.
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