German rail and commercial vehicles braking systems manufacturer, Knorr-Bremse AG, has been operating in China since the 1970s, and has contributed a great deal to the nation’s thriving railway system. Headquartered in the city of Munich, the over 110-year-old company generated more than 6 billion euros ($7 billion) in revenue in 2017. Klaus Deller, chairman…
Inspection results on govt websites released The State Council, China’s Cabinet, released the results of checks on governmental websites across the country in the first quarter, according to a notice released on Wednesday. Results showed that 95 percent of 303 governmental websites, which were inspected by the General Office of the State Council, met standards.…
TIANJIN – China Railway Rolling Stock Corporation (CRRC) said on Friday that 84 percent of the 250 core standards used in the Fuxing trains, the country’s fastest model, were produced domestically and research is underway on even faster trains. The maximum speed of China’s bullet trains rose to 350 kph, when the Fuxing, or Rejuvenation,…
China signs trade deal with Eurasian Economic Union China and member countries of the Eurasian Economic Union on Thursday signed an agreement in Astana, Kazakhstan, to cut trade barriers and facilitate economic activities, said the Ministry of Commerce. The ministry said this is the first institutional arrangement representing a new stage of enhanced cooperation between…
Chinese firm, Nigeria sign $6b rail project agreement ABUJA – Nigeria on Tuesday signed an agreement of $6.68 billion with China Civil Engineering Construction Corporation (CCECC) for a major segment of rail line linking the economic capital Lagos with Kano, northern Nigeria’s commercial hub. “The signing of the Ibadan-Kaduna segment contract agreement today (Tuesday) concludes…
Cross-border e-commerce conference opens in Central China ZHENGZHOU – The second Global Cross-border E-commerce Conference opened Thursday in Zhengzhou, capital of Central China’s Henan province. Highlighting cross-border e-commerce’s role in world trade, the two-day conference will have panel discussions on quality oversight, regulatory innovation as well as standards and rules in the sector. …
Reasonable locations for high-speed railway stations
China’s CRRC to produce 200 train cars for Argentina QINGDAO – China’s rolling-stock maker CRRC Corp. has secured a train deal for 200 cars and related parts from Argentina, the third train order won from the country, a CRRC-affiliated company said Tuesday. The contract worth $278 million was signed between CRRC Sifang Co., Ltd. and…
Olympic trains’ winning design unveiled The results of a competition held to come up with the best design of Beijing-Zhangjiakou high-speed trains were unveiled in Beijing on Monday. The design of two models became the final winner – one with head shaped like an eagle and body colored with red and yellow ribbons like dancing…
EIB invests more than €1.7bn in Stockholm metro and new trains for Lombardy and Tunisia The European Investment Bank (EIB), the EU’s non-profit lending institution, has announced an investment of more than €1.7 billion on improved rail transport in Europe and North Africa. As part of a wider package of new financing, EIB is…