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China in high-speed railway talks with 28 countries   

28国与中国洽谈高铁 俄罗斯泰国进度快

3月16日,中国北车副总裁余卫平透露,目前中国正与28个国家洽谈高铁合作,其中俄罗斯、泰国、马来西亚、土耳其等几个国家的进展较快。近期,英国和美国也对我国的高铁感兴趣,双方进行了沟通和探讨。 [查看全文]
2015-03-17 14:35 Ecns.cn Web Editor: Mo Hong'e

(ECNS) - China is in negotiations regarding high-speed rail construction and cooperation with 28 countries, Beijing News reports on Monday.

In the worldwide negotiations, talks with Russia, Thailand, Malaysia and Turkey are going on more rapidly. Britain and the United States have also showed interest in cooperating with China, according to Yu Weiping, vice president of China Northern Locomotive & Rolling Stock Industry Corporation. (CNR).

CNR's important offshore projects include the China-Thailand and China-Russia High Speed Rail programs, and an possible agreement with Russia is expected to be reached in 2015, Yu said.

China is completely competent when it comes to three core technologies, namely hauling system, braking system and network control system, but it hasn't received substantial export orders so far, Yu added.

High speed rail projects need vast investment and have long timeframes, with each project taking at least three to five years, but achievements will come, according to Yu.

The merger of China South Locomotive and Rolling Stock Corporation Limited (commonly known as CSR) and CNR will create a multinational high-end enterprise, which will promote the "going-out" strategy and enable China to play a greater role in the global high-speed rail market, Yu said.

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