Railway companies on track to haul the world

Chinese firms gear up to export smart bullet trains, subway and railway technologies and equipments

China Railway Rolling Stock Corp, the country's largest train-maker, is planning to build bullet trains and provide services in developed markets, including the United States and the United Kingdom, to further compete with its established rivals in Europe, Japan and Canada during the 13th Five-Year Plan (2016-20).

Many of these opportunities come from surging demand in these countries for improved railway infrastructure facilities, passenger services and regional connectivity. They also want to boost local job markets and related commercial areas in the process.