China Railway Resources to hike investments in DRC

As collaboration between China and African countries presents vast opportunities, China Railway Resources Group is planning to strengthen cooperation with partners in the Democratic Republic of Congo (DRC), a senior company executive said. “We will continue to leverage our advantages, technology and management to boost mutual development, engage in broader and deeper cooperation with companies … Continue reading China Railway Resources to hike investments in DRC

New special bonds to fund infra flurry

A tunnel on the Hangzhou-Wenzhou High-speed Railway in Zhejiang province. Built by China Railway 24th Bureau Group Corp, the HSR has started joint testing, marking countdown to its full operation. [Photo provided to China Daily] China is stepping up its infrastructure efforts, which are boosted by the nation’s bond issuance efforts, such as the release … Continue reading New special bonds to fund infra flurry

SOE achieves milestone in key HSR construction

Employees of China Railway No 4 Engineering Group Co Ltd lay tracks on the Wuhan-Yichang section of the Shanghai-Chongqing-Chengdu High-speed Railway in Jingmen, Hubei province. WU HUAIQIU/FOR CHINA DAILY The Shanghai-Chongqing-Chengdu High-speed Railway, which will link a number of urban clusters along China’s longest river — the Yangtze — and benefit some 600 million people, got … Continue reading SOE achieves milestone in key HSR construction