Based on its definition, the possibility and significance of integrated development of rail transit and land is analyzed. This paper takes the theory of "TOD" transit-oriented mode of city development, the theory of land value increment as well as an analysis on rail transportation externality as the theoretic basis for the implementation of integrated development. The land reserve can be controlled by strengthening the management of land demand and increasing government land reserve. Relevant laws and regulations should be formulated. The other essentials of integrated development are summarized as follows: Obtaining the right for integrated development along the line and the land resources for such development, paying attention to enhancing the level of integrated planning, choosing appropriate ways for integrated development, timing of integrated development and major regional development projects, management of developer-owned property and profit distribution. At present, the basic problem is to find a pilot project, to research and formulate proper policies, to establish a suitable integration development mode, and to solve problems of financing for rail transit projects. A new profit mode for rail transit property and a positive transformation mechanism of resources, assets and capital should be set up. Thus, benign circulation of capital will be achieved and the company will take on a balanced way of development.%通过对一体化开发的定义描述,分析其可能性及现实意义.通过基于TOD模式的城市发展理论、土地增值理论以及轨道交通外部性的分析,奠定了实施一体化开发的理论依据.阐明一体化开发中的政府意志及制度创新,阐述一体化开发的操作流程及重点内容.目前该模式的基本操作初步成型,关键是需要找到试点项目进行实际操作,提供一手资料,进而研究政策、制定政策,形成完善的一体化开发模式,解决轨道交通融资难题,打造轨道交通物业经营盈利模式,推动建立资源、资产、资本良性转化机制,使公司逐步走上自我平衡、资金良性循环的发展道路.
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