Tags: AS | China | High | Speed | Rail

China to Bid On US High-Speed Rail Projects

Saturday, 13 Mar 2010 08:39 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday.

China has built 4,000 miles (6,500 kilometers) of high-speed rail for its own train system and President Barack Obama issued a pledge in November with his Chinese counterpart, Hu Jintao, to cooperate in developing the technology.

"We are organizing relevant companies to participate in bidding for U.S. high-speed railways," Wang Zhiguo, a deputy railways minister, told a news conference.

Wang gave no details of where China's railway builders might seek contracts, but systems are planned in California, Florida and Illinois. He said state-owned Chinese companies already are building high-speed lines in Turkey and Venezuela.

Beijing plans to construct a 16,000-mile (25,000-kilometer) high-speed rail network by 2020 in a 2 trillion yuan ($300 billion) project it hopes will spur economic and technology development. A new line linking the central city of Wuhan with Guangzhou near Hong Kong on China's southern coast is billed as the world's fastest at 237 miles (380 kilometers) per hour.

China produces high-speed trains using French, German and Japanese technology. Its manufacturers have developed a homegrown version but have yet to produce a commercial model.

Chinese rail authorities have signed cooperation memos with California and Russia and state companies plan to bid on a line in Brazil linking Rio de Janeiro with Sao Paulo, Wang said. He said Saudi Arabia and Poland also have expressed interest.

The White House announced $8 billion in grants in January for rail projects including the high-speed systems in California, Florida and Illinois.

"China is willing to share its mature and advanced technology with other countries to promote development of the world's high-speed railways," Wang said.

So far, China's government has completed 2,295 miles (3,676 kilometers) of rail lines with top speeds of up to 220 mph (350 kph) and 1,795 miles (2,876 kilometers) with speeds up to 155 mph (250 kph), according to Wang.

Another 6,000 miles (10,000 kilometers) of lines are under construction, he said.

Once the network is completed, it will cut travel time from Beijing to Hong Kong from 24 hours to 10.

Some critics say high-speed train fares are too high for average Chinese and question whether the lines can recover their construction costs.

Wang said high-speed trains already have higher occupancy rates than regular trains, though he gave no details.

——

Associated Press researcher Bonnie Cao contributed to this report.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

West Point Report: Islamic State Threat 4 Years in the Making

Thursday, 28 Aug 2014 07:11 AM

The Islamic State, which has grabbed strategic territory in Iraq and Syria, gained momentum over four years, according t . . .

Mitch McConnell Lays Out Plan to Roll Back Obama's Agenda

Thursday, 28 Aug 2014 06:51 AM

A Republican-controlled Congress would use the power of the purse to overturnPresident Barack Obama's policies, Senate M . . .

Karl Rove: Countdown to Kicking Out Harry Reid

Thursday, 28 Aug 2014 06:35 AM

Republicans are poised to recapture the U.S. Senate and must use the coming 10 weeks after Labor Day to let voters know  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved