First PPP financing deal signed for China’s high-speed railway

HANGZHOU, Sept. 11 (Xinhua) — China’s first public-private partnership (PPP) funded high-speed railway saw its financing contract signed on Monday. Fosun Group leads the consortium of eight private firms that hold 51 percent stake in the Hangzhou-Shaoxing-Taizhou project. State-owned China Railway, Zhejiang Communications Investment Group, and local government hold the rest. The 269-km railway project…

China-Arab States Expo: China high-speed railway on fast track

Guests experience simulated driving of high-speed train at an achievement exhibition on the technology of China’s high-speed railway during the China-Arab States Expo 2017 in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, Sept. 6, 2017. (Xinhua/Zhang Chen)   People visit an achievement exhibition on the technology of China’s high-speed railway during the China-Arab…