PSBC, Beijing-Shanghai High-Speed Railway among new additions to MSCI Emerging Markets Index

The MSCI logo. [Photo/Agencies] Postal Savings Bank of China, Beijing-Shanghai High-Speed Railway and Russia’s search engine Yandex will be the three largest additions to the MSCI Emerging Markets Index measured by full company market capitalization, according to global index provider MSCI on Wednesday. The MSCI Emerging Markets Index is designed to represent performance of the…

Country struggling to manage emissions

Lines of cars are pictured on Guomao Bridge in Beijing, on Dec 8, 2019. [Photo/VCG] Diesel-powered automobiles continue to significantly contribute to pollution With the increasing number of automotive vehicles, the country is confronted with an increasingly urgent task to ramp up governance on mobile engine emissions, especially as diesel-powered vehicles have become an even…

Railroad network to boost economic ties with ASEAN

The first international freight train from the Yangtze River Delta region to ASEAN gets ready for its departure from Haian, Jiangsu province, to Vietnam in May this year. [Photo by Xu Congjun/For China Daily] With the Association of Southeast Asian Nations increasingly becoming China’s key trading partner and construction of the China-Laos railway seeing notable…

China has 36,000 km of high-speed railways by July

BEIJING – China’s railway network had a total length of 141,400 km by the end of July, among which 36,000 km were high-speed railways, the national railway operator said Saturday. A high-speed train leaves Nanjing South Railway Station in Nanjing, Jiangsu province, on Friday. A new map of China’s railway system was adopted for the…

China to boost smart infrastructure in transport sector

BEIJING — China will promote the construction of new infrastructure projects in the transport industry, aiming to advance the sector’s transformation toward digitalization and intelligence, according to a guideline issued by the Ministry of Transport on Thursday. By 2035, China aims to achieve remarkable results in the field, with advanced information technology playing a key…

Train to nowhere puts villagers on right track

A train runs beside a river in Xinnan village, Henan province. [Photo/www.henan.gov.cn] ZHENGZHOU-Tucked deep in the mountains of Central China’s Henan province, Xinnan village is using a train to nowhere to attract visitors. The locomotive and two green carriages, parked on a section of track beside a river, are popular subjects for camera-toting tourists. Even…

Rail links put Sino-EU ties on fast track

Hiatus in air and sea transport offers sector chance to boost market share While the COVID-19 pandemic has brought unprecedented disruptions to the world economy, it has led to the strengthening of rail links between China and Europe. And, say industry experts, the growing rail freight between East and West will help the economic recovery…

Strong China-Europe rail links boost cargo traffic amid pandemic

A China-Europe freight train bound for Kyiv, the capital of Ukraine, departs from Xi’an, Shaanxi province, on July 24. TANG ZHENJIANG/XINHUA While the COVID-19 pandemic has brought unprecedented disruption to the world economy, it has also strengthened the rail links between China and Europe, and industry experts believe the growing volume of rail freight between…

Undersea rail tunnel plan complete

The map of the to-be-built Ningbo-Zhoushan railway with an undersea tunnel shows the route between Ningbo and Zhoushan. [Photo provided to chinadaily.com.cn] The technical proposal for the Ningbo-Zhoushan Railway, China’s first high-speed railway line with an undersea segment, has been completed, the Ningbo Evening News reported on Saturday. After two years’ preparation, the core technical…

West ahead of peers in momentum

An employee performs maintenance work on a railway line in Chongqing. It is expected to be put into full operation by the end of this year. [Photo/Xinhua] As efforts to contain the spread of COVID-19 are paying off, the overwhelming majority of western China achieved positive economic growth in the first half, the latest economic…