CNR on right lines for world rail leadership

The first half of 2009 has proved another bumper period for China CNR Corporation Limited (CNR), a leading manufacturer of railway transport equipment in China. It has seen a huge surge in orders from overseas customers, successfully completed a number of high-profile international projects and made major inroads towards becoming a truly global brand.

In first half of this year alone, CNR signed export contracts worth $660 million (4.5 billion yuan). This compares with the $1.1 billion (7.5 billion yuan) worth of contracts signed in the whole of last year, a figure that cemented CNR's market-leading position.

Cui Dianguo, CNR's chairman, was ebullient: "Through technology import, joint venture operations, product exportation and a growing reputation for having both a quality after-sales service and a real rapport with our customer base, CNR has built up a huge number of mutually beneficial business relationships with both international and domestic clients."