Rail an 'ideal field' overseas

China should speed up the standardization of its high-speed railway technologies and take the lead in setting international standards, an industry insider suggested.

Xu Baocheng, an executive of China Tiesiju Civil Engineering Group in Anhui province and a deputy to the 12th National People's Congress, said standards are crucial to facilitating Chinese railway enterprises' overseas expansion.

"Seizing the international railway market is of strategic and economic importance to China. It will help resolve the overcapacity in industrial manufacturing, engineering and construction industries," he said on the sidelines of the top legislature's ongoing annual session in Beijing.