System, now ranked only 19th globally, would connect ‘megaregions’ The vision of a high-speed rail system in the United States has mostly existed only on the drawing board. But now, new US Transportation Secretary Pete Buttigieg says he wants the nation to be a leader in bullet trains. Speaking on Thursday at the Austin, Texas-based…
Bilateral trade between China and the European Union will maintain steady growth this year as the two sides have expanded a number of free trade programs to boost their economic and trade ties, experts and business leaders said on Friday. They made the remarks after Eurostat, the EU’s statistical office, announced on Thursday that…
The delivery of parcels via China’s convenient high-speed railway network should be promoted to cater to the needs of the booming express delivery industry, a member of the country’s top political advisory body proposed at its annual meeting in Beijing this month. State Post Bureau official Ma Xulin, who is a member of the Chinese…
Although China’s Spring Festival travel rush was a muted affair this year due to the nation’s coordinated epidemic containment measures, the number of parcels delivered and received greatly increased as a large number of people chose to spend the festival and their money locally. According to the State Post Bureau of China, 365 million parcels…
Shao Fang, a nanny from Zhumadian, Henan province, takes a bullet train between the nation’s capital and her hometown every two months. The four-hour trip allows her to visit home every other month “to earn more money in Beijing and also see my sons frequently”. That is a stark contrast from 18 years ago, when…
The 480 km railway linking Kenya’s largest port city Mombasa to capital Nairobi, slated to be officially launched on Wednesday, will be a key infrastructure project that will push forward the East Africa nation’s modernization drive, a senior company executive said Monday. “The launch of the standard gauge railway (SGR) will undoubtedly contribute to Kenya’s…
The continuous beam with the widest span on Indonesia’s Jakarta-Bandung High-speed Railway closed on Monday, marking significant progress of the project. Engineer Xia Jian from China Railway Design Corporation, the railway’s designer, said the beam crosses expressways and two ramps, and the surrounding environment is complicated. The design and construction of the beam is very…
The Guangxi Zhuang autonomous region, a key crossroads providing western China with full access to global markets, will help expand the Belt and Road Initiative and support China’s opening-up in the 14th Five-Year Plan (2021-25) period, said Lan Tianli, chairman of the region and a deputy to the National People’s Congress. Early this month, 40…
China’s foreign trade soared by 32.2 percent on a yearly basis to 5.44 trillion yuan ($837.3 billion) in the first two months of the year, creating more confidence in the prospects of export growth and economic recovery for the rest of the year, officials and experts said on Sunday. They said outstanding new trade figures…
China has targeted its economic growth at over 6 percent for 2021. It is a decisive move reflecting a high degree of certainty and confidence in the country’s development amid a destabilized global economic outlook marred by the COVID-19 pandemic. The growth target, as announced by Premier Li Keqiang in the government work report, presents…