Home>>Business
Last updated at: (Beijing Time) Saturday, March 22, 2003

China-designed Subway Cars to Hit Market Late This Year

Subway cars designed exclusively by China will roll off the production line and hit the market late this year, Beijing Evening News reported.


PRINT DISCUSSION CHINESE SEND TO FRIEND


Subway cars designed exclusively by China will roll off the production line and hit the market late this year, Beijing Evening News reported.

The newspaper quoted sources from the Beijing Subway Operations Company as saying that it has launched a joint venture with Beijing Subway Car Plant, Changchun Light Rail Car Co. Ltd. and Zhuzhou Times Group to research and develop electric subway cars using China's own intellectual property.

The first four trains, each of which will cost five million yuan (about 602,410 US dollars) and will be fitted with air-conditioning and information devices, will be applied to the subway and light rail lines in the national capital, according to the newspaper.

Subways are now available in Beijing, Tianjin, Guangzhou and Shanghai, and a growing number of other cities such as Shenzhen of south China's Guangdong Province are busy constructing them.

Demand for subway cars has kept rising and the market potential is good along with the fast development of urban light rail in Chinese cities. However, the country has long relied on imports for core technologies in the production of subway cars.


Questions?Comments? Click here
    Advanced








 


The US Must Not Put Pressure On the UN ( 3 Messages)

Saddam Vows to Globalize War if Attacked ( 5 Messages)

China's Z11 Helicopters Get Green Light for Civilian Use ( 5 Messages)

New Premier Comes from Grass Roots ( 2 Messages)

China Hopes War can be Avoided: FM ( 3 Messages)



Copyright by People's Daily Online, all rights reserved