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ECONOMY
THIS WEEK> THIS WEEK NO. 49, 2012> ECONOMY
UPDATED: December 1, 2012 NO. 49 DECEMBER 6, 2012
A High-Speed Era
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China's high-speed rail network totaled 7,735 km at the end of October, ranking first in the world, said an official from the Ministry of Railways on November 27.

The country has made a series of breakthroughs in its high-speed rail development and in other major fields such as heavy-duty and high-altitude rail transport, the unidentified official said on the sidelines of Modern Railways 2012, an international railway exhibition hosted by the ministry in Beijing.

At the exhibition, the country's two biggest train manufacturers, China CSR Corp. Ltd. and China CNR, both displayed new models. China CSR showcased its test trains that can travel at over 500 km per hour, and China CNR exhibited its self-developed fast intercity train, the CRH3A.

A total of 263 companies from 16 countries and regions including the United States, Germany and France participated in the exhibition.

China aims to create a high-speed railway backbone featuring four east-west lines and four north-south lines by the end of 2015, under a five-year plan on China's transport system approved by the State Council, China's cabinet.

The country's total length of high-speed railway is expected to reach about 18,000 km by 2015.



 
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