BEIJING — China put 581 km of new railway lines into service in the first four months of the year, including 358 km of high-speed railway, data from China State Railway Group Co Ltd showed. The country saw 157.46 billion yuan (about $23.21 billion) in fixed asset railway investment in the period, up 0.6 percent…
BEIJING — Despite mounting domestic and external uncertainties, China’s economy continues to progress with a sound momentum, an official told Xinhua in an interview. “Although some indicators saw short-term contractions mainly due to the COVID-19 blow, the fundamentals underpinning the economy’s stable development and sound momentum remain unchanged,” said Sheng Laiyun, deputy head of the…
Concern is growing that Britain could be paralyzed by major industrial action on the country’s railway network in the summer. In addition to the disruption to regular passenger services, there are fears that businesses, including those in the energy sector and supermarkets, could be hit, and the issue is reported to be high on the…
Brands embody the competitiveness of countries as well as the enterprises that own them. In recent years, Chinese brands delivered impressive performance in both domestic and international markets, pumping vitality into the national economy. In 2021, a total of 143 Chinese companies entered the Fortune Global 500 list, putting China atop the ranking. According to…
The China-Laos Railway has seen significant passenger and freight transportation growth since opening in December, demonstrating the cross-border rail corridor’s strong transportation capacity in boosting international logistics, the railway’s operator said on Wednesday. As of Tuesday, the international rail corridor had handled more than 2.7 million passenger trips and 2.9 million metric tons of cargo…
China’s transport network has mostly resumed smooth operation to tackle logistics bottlenecks, providing sufficient supplies for people and enterprises in areas hit by the novel coronavirus across the country, officials said at a news conference on Thursday. In April, the Chinese mainland reported 553,251 local COVID-19 infections in all provincial level regions except the Tibet…
A new Fuxing high-speed bullet train developed for testing by CRRC Changchun Railway Vehicles Co recently went into operation, according to the company, a Chinese train manufacturer based in Changchun, Jilin province. During its test on the rail line from Puyang to Zhengzhou, Henan province, on Thursday, the world-leading train set a record of 435…
BEIJING – China’s raw coal output posted faster growth in March, driven by policies to increase production and supply, official data showed. The output jumped 14.8 percent year-on-year to 396 million tons last month, according to the National Bureau of Statistics. The growth rate was 4.5 percentage points higher than that of the January-February period,…
Greater rail links bring opportunities to create inland hub of opening-up Loaded with 1,200 metric tons of ductile cast-iron pipes produced in Shanxi province, a freight train departed from Fanglue International Bonded Land Port in the city of Houma on April 14. It will travel to the Alataw Pass Land Port in Northwest China’s Xinjiang…
Zhejiang, Jiangsu, Anhui roll out special measures, subsidies to spur logistics As Shanghai is on track to resume production after a 20-day citywide lockdown due to COVID-19, neighboring provinces in the Yangtze River Delta region have been helping with the resumption efforts by providing logistics support and facilitating cross-region transport of manufacturing materials. On Monday…