Beijing Welcomes Foreign Partners in Railway Building

Home>>Business

Last updated at: (Beijing Time) Saturday, September 07, 2002

Beijing Welcomes Foreign Partners in Railway Building

China's capital city Beijing welcomes foreign participation in the construction of its urban railway communications system.

DISCUSSION

CHINESE

SEND TO FRIEND

China's capital city Beijing welcomes foreign participation in the construction of its urban railway communications system.

This was the message expressed by Beijing Mayor Liu Qi here on Friday during separate meetings with Lord Charles Powell, President of the China-Britain Business Council (CBBC) and Klaus Wucherer, member of the Managing Board of Siemens AG.

Liu briefed the visitors on the city's railway communications development, explaining that Beijing's objective is to have 300 kilometers of urban railways before the year 2008, an important undertaking given that Beijing currently has only 50 kilometers ofsubways.

He said that this would be a large-scale investment project, and expressed his hope that foreign companies would participate inthe development of the city's urban railway communications system.

Powell said British companies were interested in Beijing's urban construction and there were broad cooperative prospects in technological consultations, project management and financing.

Wucherer said Siemens was confident about China's future development and was considering moving its Asian-Pacific headquarters to Beijing.

Questions?Comments? Click here

China Develops Core Technology in Urban Rail System

200bn Yuan to Forge China's Urban Track Networking

Japanese Court Dismisses Germ Warfare Victims' Damages Claim ( 94 Messages)

China Plans to Stop the Overeas Flight of Corrupt Officials ( 69 Messages)

China Blocks the Way of Corrupt Officials Fleeing Overseas ( 5 Messages)

Survey Discloses Bad Service of Domestic Banks ( 4 Messages)

Quantitative Study Uncovers US Media Blackout: China Youth Daily ( 25 Messages)