China HSR News And Information: Original Translation
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TaiShang
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@AndrewJin , breathtaking!
Tractor
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Rocking must be!
Germany sceneries are just ordinary in my view.Many of the mountain slopes are barren, China should reforest them as soon as possible.
that's how middle high mountains look like in Germany
terranMarine
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China unveils high-speed rail line to North Korean border
China opened a new high-speed rail line to the North Korean border Tuesday as Chinese officials inch ahead with plans to encourage trade with their erratic neighbor.
But some analysts see the new route more as a reflection of China's infrastructure-building programs and a demonstration of Beijing's "soft power" in the region rather than an expectation of an immediate, large surge in tourism and trade with its hermetic neighbor.
The 129-mile route between Shenyang city in the northeast and the Chinese border city of Dandong will allow train travel at up to 156 mph and cut the journey from 3 1/2 hours to 60 minutes, the official New China News Agency said in announcing the line's trial opening. Dandong is the key hub for trade and tourism between North Korea and China; more than 600 border trade enterprises are situated in Dandong and trade with North Korea accounts for 40% of the city's total trade volume.
China is the main trading partner of North Korea and has taken the regional lead in seeking to curb its neighbor's nuclear intentions. But the Pyongyang government's renegade weapons development in recent years and its threats to attack perceived enemies have strained relations with Beijing and slowed the progress of efforts to build up special economic zones intended to pair North Korea's cheap labor with Chinese capital and technological know-how.
Nevertheless, China announced last week that it was preparing to open a border trade zone in Dandong. The Guomenwan trade zone is to open in October during the North Korea-China Economic, Trade, Culture and Tourism Expo, the Liaoning provincial government said.
The zone was built at a cost of $156 million and covers about 240,000 square feet. Chinese residents living within 12 miles of the border will be allowed to exchange commodities at the zone with North Koreans and no taxes will be levied on purchases of about $1,250 or less a day.
There have been tensions and uncertainty in the nearly four years since the unpredictable Kim Jong Un took power after the death of his father, Kim Jong Il, in December 2011. The younger Kim has at times suspended cooperation with the foreign-financed joint venture parks along the Chinese and South Korean borders in protest of criticism from Beijing and Seoul over North Korea's violation of international nuclear nonproliferation agreements.
China has been laying high-speed rail across Asia for the last decade and the new Shenyang-Dandong line is a relatively small and remote stretch of the grand plan for a vibrant new Silk Road across the continent, said Scott Kennedy, director of the Center for Strategic and International Studies' project on Chinese business and political economy.
"This is not that big a deal, economically. It may actually help the city of Shenyang more than it helps Chinese-North Korean relations," Kennedy said.
He called Shenyang a Rust Belt capital beset with large and inefficient state-owned heavy industries in a region mired in debt and recession. The rail line construction that began in 2010 probably provided much-needed jobs in the region, Kennedy said.
Although the special economic zones China has created in North Korea have failed to take off under Pyongyang's reform-resistant leadership, the link could eventually prove important to overall connectivity in the region, Kennedy said.
"China is doing what the United States did in the 1950s, on an equally grandiose scale, in building roadways, rail and airports to connect the country internally and with countries around it," he said.
The new Shenyang-Dandong line is more an expression of good intention to expand investment in infrastructure throughout the Asia-Pacific region and beyond than a reflection of the prospect for increased economic collaboration with Pyongyang, said Wei Liang, a professor of international relations and trade at the Middlebury Institute of International Studies in Monterey.
"Overall expansion of Chinese overseas investment is the end goal. In North Korea, the leader and the policies are very full of uncertainty, especially in its interaction with China over the past decade," Wei said. "Policies can change overnight, so investments are very risky for Chinese companies, especially private companies."
North Korea is highly dependent on trade with China, which accounts for 80% of the reclusive nation's trade volume, Wei said. Last year Pyongyang's exchange of goods with China amounted to $6.86 billion — $4.02 billion in imports and $2.84 billion delivered to Beijing, Wei said.
"I think the Chinese government increasingly feels like North Korea is more of a liability than an opportunity," she said. "Especially within the context of significantly improving relations between South Korea and China."
Russia last year announced several collaborative projects with Pyongyang, including a rail line from the southern port of Khasan to North Korea's Rason terminal. Moscow also wrote off most of North Korea's $11-billion debt in 2012.
But China has been the most steadfast in keeping the door open to mutually advantageous economic projects with North Korea, apparently in hopes of curbing Pyongyang's nuclear developments by providing jobs and incentive for the kind of sweeping economic reforms necessary to transform the country into a state that can feed and provide for its 24 million people.
China unveils high-speed rail line to North Korean border - LA Times
China opened a new high-speed rail line to the North Korean border Tuesday as Chinese officials inch ahead with plans to encourage trade with their erratic neighbor.
But some analysts see the new route more as a reflection of China's infrastructure-building programs and a demonstration of Beijing's "soft power" in the region rather than an expectation of an immediate, large surge in tourism and trade with its hermetic neighbor.
The 129-mile route between Shenyang city in the northeast and the Chinese border city of Dandong will allow train travel at up to 156 mph and cut the journey from 3 1/2 hours to 60 minutes, the official New China News Agency said in announcing the line's trial opening. Dandong is the key hub for trade and tourism between North Korea and China; more than 600 border trade enterprises are situated in Dandong and trade with North Korea accounts for 40% of the city's total trade volume.
China is the main trading partner of North Korea and has taken the regional lead in seeking to curb its neighbor's nuclear intentions. But the Pyongyang government's renegade weapons development in recent years and its threats to attack perceived enemies have strained relations with Beijing and slowed the progress of efforts to build up special economic zones intended to pair North Korea's cheap labor with Chinese capital and technological know-how.
Nevertheless, China announced last week that it was preparing to open a border trade zone in Dandong. The Guomenwan trade zone is to open in October during the North Korea-China Economic, Trade, Culture and Tourism Expo, the Liaoning provincial government said.
The zone was built at a cost of $156 million and covers about 240,000 square feet. Chinese residents living within 12 miles of the border will be allowed to exchange commodities at the zone with North Koreans and no taxes will be levied on purchases of about $1,250 or less a day.
There have been tensions and uncertainty in the nearly four years since the unpredictable Kim Jong Un took power after the death of his father, Kim Jong Il, in December 2011. The younger Kim has at times suspended cooperation with the foreign-financed joint venture parks along the Chinese and South Korean borders in protest of criticism from Beijing and Seoul over North Korea's violation of international nuclear nonproliferation agreements.
China has been laying high-speed rail across Asia for the last decade and the new Shenyang-Dandong line is a relatively small and remote stretch of the grand plan for a vibrant new Silk Road across the continent, said Scott Kennedy, director of the Center for Strategic and International Studies' project on Chinese business and political economy.
"This is not that big a deal, economically. It may actually help the city of Shenyang more than it helps Chinese-North Korean relations," Kennedy said.
He called Shenyang a Rust Belt capital beset with large and inefficient state-owned heavy industries in a region mired in debt and recession. The rail line construction that began in 2010 probably provided much-needed jobs in the region, Kennedy said.
Although the special economic zones China has created in North Korea have failed to take off under Pyongyang's reform-resistant leadership, the link could eventually prove important to overall connectivity in the region, Kennedy said.
"China is doing what the United States did in the 1950s, on an equally grandiose scale, in building roadways, rail and airports to connect the country internally and with countries around it," he said.
The new Shenyang-Dandong line is more an expression of good intention to expand investment in infrastructure throughout the Asia-Pacific region and beyond than a reflection of the prospect for increased economic collaboration with Pyongyang, said Wei Liang, a professor of international relations and trade at the Middlebury Institute of International Studies in Monterey.
"Overall expansion of Chinese overseas investment is the end goal. In North Korea, the leader and the policies are very full of uncertainty, especially in its interaction with China over the past decade," Wei said. "Policies can change overnight, so investments are very risky for Chinese companies, especially private companies."
North Korea is highly dependent on trade with China, which accounts for 80% of the reclusive nation's trade volume, Wei said. Last year Pyongyang's exchange of goods with China amounted to $6.86 billion — $4.02 billion in imports and $2.84 billion delivered to Beijing, Wei said.
"I think the Chinese government increasingly feels like North Korea is more of a liability than an opportunity," she said. "Especially within the context of significantly improving relations between South Korea and China."
Russia last year announced several collaborative projects with Pyongyang, including a rail line from the southern port of Khasan to North Korea's Rason terminal. Moscow also wrote off most of North Korea's $11-billion debt in 2012.
But China has been the most steadfast in keeping the door open to mutually advantageous economic projects with North Korea, apparently in hopes of curbing Pyongyang's nuclear developments by providing jobs and incentive for the kind of sweeping economic reforms necessary to transform the country into a state that can feed and provide for its 24 million people.
China unveils high-speed rail line to North Korean border - LA Times
cirr
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China unveils high-speed rail line to North Korean border
China opened a new high-speed rail line to the North Korean border Tuesday as Chinese officials inch ahead with plans to encourage trade with their erratic neighbor.
But some analysts see the new route more as a reflection of China's infrastructure-building programs and a demonstration of Beijing's "soft power" in the region rather than an expectation of an immediate, large surge in tourism and trade with its hermetic neighbor.
The 129-mile route between Shenyang city in the northeast and the Chinese border city of Dandong will allow train travel at up to 156 mph and cut the journey from 3 1/2 hours to 60 minutes, the official New China News Agency said in announcing the line's trial opening. Dandong is the key hub for trade and tourism between North Korea and China; more than 600 border trade enterprises are situated in Dandong and trade with North Korea accounts for 40% of the city's total trade volume.
China is the main trading partner of North Korea and has taken the regional lead in seeking to curb its neighbor's nuclear intentions. But the Pyongyang government's renegade weapons development in recent years and its threats to attack perceived enemies have strained relations with Beijing and slowed the progress of efforts to build up special economic zones intended to pair North Korea's cheap labor with Chinese capital and technological know-how.
Nevertheless, China announced last week that it was preparing to open a border trade zone in Dandong. The Guomenwan trade zone is to open in October during the North Korea-China Economic, Trade, Culture and Tourism Expo, the Liaoning provincial government said.
The zone was built at a cost of $156 million and covers about 240,000 square feet. Chinese residents living within 12 miles of the border will be allowed to exchange commodities at the zone with North Koreans and no taxes will be levied on purchases of about $1,250 or less a day.
There have been tensions and uncertainty in the nearly four years since the unpredictable Kim Jong Un took power after the death of his father, Kim Jong Il, in December 2011. The younger Kim has at times suspended cooperation with the foreign-financed joint venture parks along the Chinese and South Korean borders in protest of criticism from Beijing and Seoul over North Korea's violation of international nuclear nonproliferation agreements.
China has been laying high-speed rail across Asia for the last decade and the new Shenyang-Dandong line is a relatively small and remote stretch of the grand plan for a vibrant new Silk Road across the continent, said Scott Kennedy, director of the Center for Strategic and International Studies' project on Chinese business and political economy.
"This is not that big a deal, economically. It may actually help the city of Shenyang more than it helps Chinese-North Korean relations," Kennedy said.
He called Shenyang a Rust Belt capital beset with large and inefficient state-owned heavy industries in a region mired in debt and recession. The rail line construction that began in 2010 probably provided much-needed jobs in the region, Kennedy said.
Although the special economic zones China has created in North Korea have failed to take off under Pyongyang's reform-resistant leadership, the link could eventually prove important to overall connectivity in the region, Kennedy said.
"China is doing what the United States did in the 1950s, on an equally grandiose scale, in building roadways, rail and airports to connect the country internally and with countries around it," he said.
The new Shenyang-Dandong line is more an expression of good intention to expand investment in infrastructure throughout the Asia-Pacific region and beyond than a reflection of the prospect for increased economic collaboration with Pyongyang, said Wei Liang, a professor of international relations and trade at the Middlebury Institute of International Studies in Monterey.
"Overall expansion of Chinese overseas investment is the end goal. In North Korea, the leader and the policies are very full of uncertainty, especially in its interaction with China over the past decade," Wei said. "Policies can change overnight, so investments are very risky for Chinese companies, especially private companies."
North Korea is highly dependent on trade with China, which accounts for 80% of the reclusive nation's trade volume, Wei said. Last year Pyongyang's exchange of goods with China amounted to $6.86 billion — $4.02 billion in imports and $2.84 billion delivered to Beijing, Wei said.
"I think the Chinese government increasingly feels like North Korea is more of a liability than an opportunity," she said. "Especially within the context of significantly improving relations between South Korea and China."
Russia last year announced several collaborative projects with Pyongyang, including a rail line from the southern port of Khasan to North Korea's Rason terminal. Moscow also wrote off most of North Korea's $11-billion debt in 2012.
But China has been the most steadfast in keeping the door open to mutually advantageous economic projects with North Korea, apparently in hopes of curbing Pyongyang's nuclear developments by providing jobs and incentive for the kind of sweeping economic reforms necessary to transform the country into a state that can feed and provide for its 24 million people.
China unveils high-speed rail line to North Korean border - LA Times
The Dalian-Dandong high-speed rail will be opened in a few months，thereby completing the formation of the trilateral HSR corridor between Shenyang、Dalian and Dandong。
cirr
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Shangqiu-Hefei-Hangzhou High-Speed Railway to Start Construction
Pub Date: 15-09-01 10:26
Source: Anhui
The much-concerned Shangqiu-Hefei-Hangzhou high-speed railway has got approval from China Railway Corporation, according to Anhui Provincial Development and Reform Commission. The railway is scheduled to start construction in October this year and it is expected to open to traffic in 2020. By then, the travel time from Hefei to Hangzhou will be only 2 hours.
It is introduced the railway will set 28 stations, including 16 newly built ones. It is learned that the railway is 796.9 kilometers long and top designed speed is 350 km per hour.
After the launch of the railway, Bozhou and Fuyang will end the history of no high-speed railway. By then, the travel time from Hefei to Bozhou and Fuyang is only 1 hour and the travel time from Hefei to Zhengzhou will be cut to about 2 hours.
Shangqiu-Hefei-Hangzhou High-Speed Railway to Start Construction-english-?а?????
Pub Date: 15-09-01 10:26
Source: Anhui
The much-concerned Shangqiu-Hefei-Hangzhou high-speed railway has got approval from China Railway Corporation, according to Anhui Provincial Development and Reform Commission. The railway is scheduled to start construction in October this year and it is expected to open to traffic in 2020. By then, the travel time from Hefei to Hangzhou will be only 2 hours.
It is introduced the railway will set 28 stations, including 16 newly built ones. It is learned that the railway is 796.9 kilometers long and top designed speed is 350 km per hour.
After the launch of the railway, Bozhou and Fuyang will end the history of no high-speed railway. By then, the travel time from Hefei to Bozhou and Fuyang is only 1 hour and the travel time from Hefei to Zhengzhou will be cut to about 2 hours.
Shangqiu-Hefei-Hangzhou High-Speed Railway to Start Construction-english-?а?????
cirr
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Official promotion video of standardized CRH350 train-set
http://static.video.qq.com/TPout.swf?auto=1&vid=v0163ehluja
Where is @AndrewJin？
http://static.video.qq.com/TPout.swf?auto=1&vid=v0163ehluja
Where is @AndrewJin？
powastick
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Andrew is banned, 但他说感谢你的视频。
TaiShang
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China's rapid rail to touch 50,000 km
Peking Press (IANS) Sunday 6th September, 2015
China's rapid rail network will stretch to over 50,000 km by 2020, a media report said on Sunday.
"China's rail network, already the world's longest with more than 17,000 km, will soon stretch considerably further," said He Huawu, chief engineer of China Railway Corporation.
The network will serve 80 percent of the cities with populations topping half a million people by 2020, the Global Times reported.
The new rail lines will be installed in China's west.
"We have accumulated rich experience in practice. With strong financial and technical support, it is possible for us to fulfill the task ahead of schedule," said Wang Mengshu, a rail expert.
China has produced more than 3,000 high-speed trains with advanced world level operational efficiency, carrying approximately three million passengers daily.
Passengers using high-speed rail consume less than 8 kilowatt hours of electricity per 100 km, which is six times less than travelling by plane.
Wang said that most railway construction had focused on the country's densely populated eastern and central region but western China was crucial as it served as a transportation hub linking Central Asia.
Peking Press (IANS) Sunday 6th September, 2015
China's rapid rail network will stretch to over 50,000 km by 2020, a media report said on Sunday.
"China's rail network, already the world's longest with more than 17,000 km, will soon stretch considerably further," said He Huawu, chief engineer of China Railway Corporation.
The network will serve 80 percent of the cities with populations topping half a million people by 2020, the Global Times reported.
The new rail lines will be installed in China's west.
"We have accumulated rich experience in practice. With strong financial and technical support, it is possible for us to fulfill the task ahead of schedule," said Wang Mengshu, a rail expert.
China has produced more than 3,000 high-speed trains with advanced world level operational efficiency, carrying approximately three million passengers daily.
Passengers using high-speed rail consume less than 8 kilowatt hours of electricity per 100 km, which is six times less than travelling by plane.
Wang said that most railway construction had focused on the country's densely populated eastern and central region but western China was crucial as it served as a transportation hub linking Central Asia.
cirr
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AndrewJin
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Liaoning Province's border triangle!Another super station, Shenyang South Railway Station, opened:
TaiShang
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Another super station, Shenyang South Railway Station, opened:
Truly majestic!
TaiShang
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***
Bombardier snubs Chinese buy offer
Source: Agencies | September 10, 2015, Thursday |
A man looks underneath an Innovia Monorail 300 train by Bombardier at a railway technology trade fair in Berlin in this file photo. Canada’s Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.— Reuters
CANADA’S Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, documents seen by Reuters show, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.
Beijing Infrastructure Investment Co (BII), a state-owned company that operates 18 metro lines in China’s capital, has offered to acquire between 60 and 100 percent of Bombardier Transport, an August 14 letter outlining BII’s offer showed.
Bombardier, which is looking to raise cash by listing a minority stake in its transport unit later this year, is attractive to Chinese players like BII, which, encouraged by the Chinese government, are seeking to acquire leading foreign technology to grow their businesses and global footprint.
Selling a majority stake would, however, expose Bombardier to political pressure in its home province of Quebec, where it generates high-paying jobs that could be lost through a takeover by a foreign buyer at a time when Canada’s economy has slipped into recession.
In the letter addressed by BII Chairman Tian Zhenqing to Bombardier’s Executive Chairman Pierre Beaudoin and not yet disclosed to the market, BII put the unit’s enterprise value — calculated as equity plus debt — at US$7-8 billion.
But Bombardier’s Vice President for Mergers and Acquisitions Louis Veronneau, who was copied in the non-binding offer, rejected the proposal in a letter to Tian one week later.
“We are not exploring a transaction involving a majority stake at this juncture,” Veronneau wrote back on August 21.
Excluding debt, analysts and bankers have pegged the equity value of the transportation division at about US$5 billion. Much of the company’s value currently resides in its transport business as its aerospace division has been hurt by delays and cost overruns tied to its C-Series line of commercial jets.
At Tuesday’s close, Bombardier shares had fallen 70 percent this year, and the company’s market capitalization sits at about US$2 billion, well below the equity value of the transportation unit, reflecting the struggles at its aerospace business and heavy debt load.
“BII and BT (Bombardier Transport) will have an incomparable synergetic relationship, and the combination will create a globalized world-class rail industrial group running the whole industrial chain,” Tian wrote, adding that he would keep management teams intact.
Tian said BII planned to fund the acquisition with cash reserves and possibly debt.
@Jlaw
Bombardier snubs Chinese buy offer
Source: Agencies | September 10, 2015, Thursday |
A man looks underneath an Innovia Monorail 300 train by Bombardier at a railway technology trade fair in Berlin in this file photo. Canada’s Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.— Reuters
CANADA’S Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, documents seen by Reuters show, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.
Beijing Infrastructure Investment Co (BII), a state-owned company that operates 18 metro lines in China’s capital, has offered to acquire between 60 and 100 percent of Bombardier Transport, an August 14 letter outlining BII’s offer showed.
Bombardier, which is looking to raise cash by listing a minority stake in its transport unit later this year, is attractive to Chinese players like BII, which, encouraged by the Chinese government, are seeking to acquire leading foreign technology to grow their businesses and global footprint.
Selling a majority stake would, however, expose Bombardier to political pressure in its home province of Quebec, where it generates high-paying jobs that could be lost through a takeover by a foreign buyer at a time when Canada’s economy has slipped into recession.
In the letter addressed by BII Chairman Tian Zhenqing to Bombardier’s Executive Chairman Pierre Beaudoin and not yet disclosed to the market, BII put the unit’s enterprise value — calculated as equity plus debt — at US$7-8 billion.
But Bombardier’s Vice President for Mergers and Acquisitions Louis Veronneau, who was copied in the non-binding offer, rejected the proposal in a letter to Tian one week later.
“We are not exploring a transaction involving a majority stake at this juncture,” Veronneau wrote back on August 21.
Excluding debt, analysts and bankers have pegged the equity value of the transportation division at about US$5 billion. Much of the company’s value currently resides in its transport business as its aerospace division has been hurt by delays and cost overruns tied to its C-Series line of commercial jets.
At Tuesday’s close, Bombardier shares had fallen 70 percent this year, and the company’s market capitalization sits at about US$2 billion, well below the equity value of the transportation unit, reflecting the struggles at its aerospace business and heavy debt load.
“BII and BT (Bombardier Transport) will have an incomparable synergetic relationship, and the combination will create a globalized world-class rail industrial group running the whole industrial chain,” Tian wrote, adding that he would keep management teams intact.
Tian said BII planned to fund the acquisition with cash reserves and possibly debt.
@Jlaw
cirr
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***
Bombardier snubs Chinese buy offer
Source: Agencies | September 10, 2015, Thursday |
A man looks underneath an Innovia Monorail 300 train by Bombardier at a railway technology trade fair in Berlin in this file photo. Canada’s Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.— Reuters
CANADA’S Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, documents seen by Reuters show, underscoring its reluctance to cede control of the unit to a Chinese buyer at this juncture.
Beijing Infrastructure Investment Co (BII), a state-owned company that operates 18 metro lines in China’s capital, has offered to acquire between 60 and 100 percent of Bombardier Transport, an August 14 letter outlining BII’s offer showed.
Bombardier, which is looking to raise cash by listing a minority stake in its transport unit later this year, is attractive to Chinese players like BII, which, encouraged by the Chinese government, are seeking to acquire leading foreign technology to grow their businesses and global footprint.
Selling a majority stake would, however, expose Bombardier to political pressure in its home province of Quebec, where it generates high-paying jobs that could be lost through a takeover by a foreign buyer at a time when Canada’s economy has slipped into recession.
In the letter addressed by BII Chairman Tian Zhenqing to Bombardier’s Executive Chairman Pierre Beaudoin and not yet disclosed to the market, BII put the unit’s enterprise value — calculated as equity plus debt — at US$7-8 billion.
But Bombardier’s Vice President for Mergers and Acquisitions Louis Veronneau, who was copied in the non-binding offer, rejected the proposal in a letter to Tian one week later.
“We are not exploring a transaction involving a majority stake at this juncture,” Veronneau wrote back on August 21.
Excluding debt, analysts and bankers have pegged the equity value of the transportation division at about US$5 billion. Much of the company’s value currently resides in its transport business as its aerospace division has been hurt by delays and cost overruns tied to its C-Series line of commercial jets.
At Tuesday’s close, Bombardier shares had fallen 70 percent this year, and the company’s market capitalization sits at about US$2 billion, well below the equity value of the transportation unit, reflecting the struggles at its aerospace business and heavy debt load.
“BII and BT (Bombardier Transport) will have an incomparable synergetic relationship, and the combination will create a globalized world-class rail industrial group running the whole industrial chain,” Tian wrote, adding that he would keep management teams intact.
Tian said BII planned to fund the acquisition with cash reserves and possibly debt.
@Jlaw
If it were not for that Bombardier holds 50% of a joint venture in China，the firm‘s transport business would be worth less than a song。
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