With Chinese expertise tapped, more ventures seen likely in economic boost China looms large in a plan by Colombia to revive its railway networks after decades of neglect. Such a revival could significantly boost the economy, offering an affordable transport alternative to the 215,000 kilometers of roads now crossing the South American country, experts said.…
DetailsNew 266.9-km intercity line greatly shortens travel time between Zhejiang cities, further enhancing regional economy China’s first privately controlled high-speed railway in Zhejiang province will provide a promising example for private capital to invest in the nation’s railway sector, experts said. As the first high-speed railway largely funded by domestic private capital, the 266.9-kilometer Hangzhou-Shaoxing-Taizhou…
DetailsChina Civil Engineering Construction Corporation (CCECC), formerly the Foreign Aid Bureau of the Ministry of Railways of China, was established in 1979 and merged into China Railway Construction Corporation (CRCC) in 2003. Guided by “Diligence, Integrity, and Perseverance” at the very core of its corporate culture, CCECC over the years has developed into a large-scale…
DetailsCHONGQING — Chongqing in Southwest China had more than 400 km of urban rail transit in operation by the end of January, according to the municipal commission of housing and urban-rural development. Metro and intercity railways are the two main modes of public transport in the mountainous city. The municipality’s first rail line opened in…
DetailsChengdu in Sichuan province used to be an important commercial center for economic and trade exchanges between China and the world by virtue of its rich products such as silk, tea and lacquerware. Thousands of years later, the modern Silk Road, consisting of international freight trains and flights, has once again thrust Chengdu to the…
DetailsThailand will further boost international trade and inject greater stimulus into its domestic economy by speeding up its connection to the China-Laos railway, experts said. “The China-Laos railway project has opened a new logistics mode in the region,” said Joe Horn-Phathanothai, founder and CEO of Thai investment consultancy Strategy613 focusing on China and Thailand. One…
DetailsThe Hangzhou-Taizhou High-Speed Railway, China’s first privately-owned high-speed railway in Zhejiang province, became operational recently. It has a total investment of 44.03 billion yuan ($6.93billion), 51 percent of the railway’s shares being held by a consortium of eight private enterprises and the rest by China Railway Development Fund Corporation, Zhejiang Transportation Investment Group, and Shaoxing…
DetailsMANILA – The Philippine government has signed a commercial contract worth $2.8 billion with Chinese contractors to build the “fastest and longest railway” in the country that connects southern Luzon provinces, China’s Ambassador to the Philippines Huang Xilian said in a statement on Tuesday. Philippine Transportation Secretary Arthur Tugade signed on Monday the first package…
DetailsChina has resumed railway freight services to the Democratic People’s Republic of Korea to facilitate normal bilateral trade interactions, Foreign Ministry spokesman Zhao Lijian told a news briefing on Monday. He said the work will be conducted on the basis of ensuring COVID-19 epidemic prevention and control measures. A freight train from the DPRK that…
DetailsCrew members prepare epidemic prevention kits on train G1724 in east China’s Shanghai, Jan. 16, 2022. The Spring Festival travel rush, China’s largest annual travel rush, will last from Jan. 17 to Feb. 25 this year. During the 40-day travel season, also known as chunyun, many Chinese people will travel to meet their families for…
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