REITs boost economic growth, revitalize development

An aerial view of a train running along railway line 11 in Shanghai in August 2020. Local governments in the Yangtze River Delta region leveraged infrastructure-related REITs products when looking for new paths to revitalize their existing assets. [Photo/XINHUA] Infrastructure real estate investment trusts (REITs), which have been rolled out in China for more than…

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Shanxi’s growth potential to shoot up with bullet trains

High-speed railway plans and new expressways connect province with cities across the nation With construction beginning on a new high-speed railway, Shanxi province is to have another channel of rapid link to its neighboring provinces and municipalities. The groundbreaking ceremony for the Xiong’an-Xinzhou High-Speed Railway was held in the township of Shizui in the central…

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New rail schedule optimizes services

A Fuxing bullet train runs on the Lhasa-Nyingchi railway during a trial operation in Shannan, Southwest China's Tibet autonomous region, June 16, 2021. [Photo/Xinhua] China’s railway network will operate a new schedule from Tuesday, increasing the number of passenger and freight train services to boost transport capability, the national railway operator China State Railway Group…

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Sabotage fears over German train attack

Rail passengers wait on a platform at the main train station in Berlin on Saturday, following disruption on the German railway network. An act of sabotage targeting communications infrastructure was behind the disruption, operator Deutsche Bahn said. JOHN MACDOUGALL/AFP Security authorities in Germany are investigating an incident of what has been called “intentional acts”that led…

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Putin orders intensified measures to protect Crimea-related facilities

A satellite image shows smoke rising from a fire on the Kerch bridge in the Kerch Strait, Crimea, October 8, 2022. [Photo/Agencies] MOSCOW – Russian President Vladimir Putin signed a decree on Saturday to strengthen measures for protecting transport crossing through the Kerch Strait, the power grid connecting Crimea and the main gas pipeline to…

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Boosting China-Russia-Mongolia trade

Erenhot, the largest land port on the China-Mongolia border, in North China's Inner Mongolia autonomous region. [Photo/VCG] The meeting Chinese President Xi Jinping, Russian President Vladimir Putin and Mongolian President Ukhnaa Khurelsukh held on the sidelines of the 22nd Meeting of the Council of Heads of State of the Shanghai Cooperation Organization in Samarkand, Uzbekistan,…

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Steady growth for transport infrastructure

Aerial photo taken on Dec 3, 2021 shows rural roads and the Guilin-Liucheng Expressway in Rongan county, South China's Guangxi Zhuang autonomous region. [Photo/Xinhua] Increased investment helps stabilize economy as major projects approved China has promoted infrastructure construction to boost economic development during the headwinds caused by COVID-19, officials from the Ministry of Transport said…

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US is ‘largest spreader of disinformation’

Foreign Ministry spokesman Wang Wenbin. [Photo/fmprc.gov.cn] The United States is “the largest spreader of disinformation”, Foreign Ministry spokesman Wang Wenbin said, adding that the disinformation it has fabricated is being seen through and rejected by more and more people. Wang made the remark on Monday at a daily news conference when a reporter sought his…

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