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Tag Archives: China Railway Corporation (CRC)

China plans $115bn investments in railways this year

Solutions for financing China's railway development

China plans to invest 800 billion yuan ($115.09 billion) in developing its railways this year, the same budget as in 2016, according to China Railway Corporation (CRC). In 2017, China will add 2,100 km of new rail lines and will electrify 4,000 km of rail lines, mainly in China’s central and western regions, reports …

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First China-Latvia container train in operation by end of this year

First China Railway Express branded container block train arrives in Warsaw

Latvian Railways (LDz) and China Railway Corporation have signed a protocol of intention concerning cooperation for the development of China Railway Express from China to Europe. China-Latvia pilot container train is scheduled for run by end of this year and will be will be organised by LDz Cargo Loģistika, a subsidiary of Latvian Railways, and China Railway …

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Russia, China sign strategic cooperation agreements on railways

Russia, China sign strategic cooperation agreements on railways

Russian Railways (RZD) and China Railway Corporation (CRC) have signed a comprehensive cooperation agreement in railways. The two parties expressed mutual interest in the joint implementation of projects within the framework of the Eurasian Economic Union and the Silk Road Economic Belt initiative. The document was signed on June 25, in Beijing, by the President of RZD Oleg …

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Deutsche Bahn increases market presence in China

Deutsche Bahn increses market presence in China, signs new agreements

Deutsche Bahn (DB) signed today two memoranda of understanding in China, aiming to increase market presence. During Chancellor Angela Merkel’s visit to China, DB and CRRC (China Railway Rolling Stock Corporation) have agreed to continue cooperation in the establishment and the optimization of a maintenance system for high-speed multiple units and in providing mutual support for solving operational …

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