Analysis of the Impact of High-speed Railway on the Upgrade of Consumption Structure

In 2008, with the opening of the Beijing-Tianjin High-speed Railway, China entered an era of rapid development of high-speed railways. The operation of high-speed railways in the past decade has had many effects on the economic development of the surrounding areas. In this paper, the panel data of 9 prefecture-level cities in Fujian Province from 2008 to 2018, the first high-speed railway in China to achieve "city-city connectivity", are analyzed by regression analysis. The results verify that the operation of the highspeed rail has a significant positive effect on the upgrade of the local consumption structure and the actual per capita disposable income and actual per capita GDP that affect residents' consumption