(Summary description)
According to the Korea Daily on November 4, Since this year, Chinese high-speed rail companies have frequently won bids or reached agreements in the world high-speed rail market, not only In Asia, Singapore, Malaysia, Thailand, Africa, Nigeria, South Africa, and even the United States are considering the introduction of Chinese high-speed rail.
 
China is plotting a global high-speed rail dynasty, according to an article published yesterday by The Interpreter, The political commentary website of The Lowy Institute, an Australian think tank. China's international ambitions for railways are as staggering as China's rail companies are active in countries from Mexico to Serbia to Zimbabwe, according to an article published by The Interpreter website. The real jewel, in China's eyes, is a homegrown high-speed rail network linking Eurasia and the wider region, from Moscow to Istanbul to Singapore and even Alaska. Some of these ideas may not be feasible, but the high-speed rail project could expand its influence and promote the power of science and technology. Fifty years after Japan stunned the world with its high-speed trains, China wants to be as representative of high-speed rail technology as Switzerland is of watchmaking.
 
Wang Mengshu, a well-known Railway expert in China, told the Global Times that China's high-speed trains have many advantages over developed countries. First of all, we have a very good construction team, ready to put into the construction. The second advantage is that it is much cheaper than in developed countries, where the cost per kilometer of high-speed rail is $50 million, compared with $33 million in China. Moreover, China's high-speed rail construction period is short, and the speed is even more than twice that of developed countries. In addition, China tends to trade flexibly, not necessarily for money, but in exchange for resources.
 
South Korea's National Business Daily said on Nov. 3 that China is realizing the rise of high-speed rail, ranking first in construction capacity and price competitiveness in the world. The first high-speed rail line was the Beijing-Tianjin intercity line opened before the 2008 Beijing Olympics. In just six years, China has more than 11,000 kilometers of high-speed rail in operation, accounting for 50% of the world's high-speed rail operating mileage. It is also important that Chinese leaders often use foreign trips to personally introduce and market high-speed trains. At present, more than 30 countries have signed high-speed rail cooperation agreements with China.

• Categories:Industry dynamic
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• Time of issue:2020-05-12 02:15
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