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More resources for global moves

By Zhong Nan | China Daily | Updated: 2015-10-29 08:06

Chinese products such as shoes, bags and lighters are usually considered low-end goods in overseas markets, but when it comes to high-speed rail equipments, Chinese bullet trains are being warmly welcomed by both foreign governments and corporate clients.

This is precisely why China Railway Rolling Stock Corp, the country's largest train manufacturer, plans to deploy more resources and manpower in the global high-speed railway equipment market to fuel robust growth over the next decade.

CRRC was formed by the merger of China's former top two train manufacturers - CNR Corp and CSR Corp in June, a major step in the government's reform plan for State-owned enterprises, aimed at boosting international competitiveness and global orders.

More resources for global moves

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