Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from the line of Mark Tobin with Roth Capital.
Mark Tobin - Roth Capital
The question I guess, looking for little bit more color on the 2010 guidance. Can you give us an indication of your expectations for each of the segments and how those get those to that 20% growth?
Peter Li
Sure, Mark. From the historical record of fiscal ?09, our high margin, high growth segments, such as high-speed rail, subway and nuclear increased by approximately 100% year-over-year compared to ?08. Our industrial core business increased roughly by about 5%.
Going forward we continue to see strong market sales pipelines in these high growth, high margin business areas. So, we expect to continue to see the percentage of high-speed rail, subway and nuclear taking a more and more percentage of the total revenues. I think with regard total revenue guidelines, we provide this range, we are confident given the current market opportunities.
Mark Tobin - Roth Capital
In following up on that, I noticed that there is more mention of subway, are you gaining traction within that segment or you looking to finally break into some higher margin projects there?
Peter Li
Yes. As you know, we increased our R&D activities from the beginning of this calendar year '09. Subway signaling system is one of the key initiatives we undertake in R&D areas. As you know, in this Subway signaling system market in China, currently mainly dominated by foreign players and currently in 10 major cities in China including Beijing, Shanghai, Guangzhou, there are altogether about 393 kilometers of subway in operation.
According to government plan by 2050, there will be 125 lines in operation with total operating kilometers reaching 2,600 kilometers. So, according to government statistics between 2009-2011 the subway lines which will be started for construction amounted to about 32 lines.
So, with such huge market, mainly driven by China's Urbanization and Economic Development and we view this market just as large as high-speed rail going forward, but with much longer timeframe in terms of government spending and market expansion.
So with our investment in this area, especially in the subway signaling system, we expect to crack through this foreign dominating market in a near future by winning the first couple contracts while definitely signaling the foothold of Hollysys in this fast expanding market.
Operator
Your next question comes from the line of Michael Weisberg with Crestwood Capital.
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