In many ways, the rail sector in China still has a long way to develop despite the introduction of its first maglevsystem in 2004 and high-speed train services running since 2007. It is economic development that is driving the need to grow China’s rail system even further and China’s central government is planning to spend $250 billion over the next ten years, laying nearly 16,000 miles of high-speed track.
There are, of course, constraints as well as opportunities for businesses operating throughout the globe. UK Trade & Industry has a useful report on the Railway Sector in China and a team of railway sector specialists to advise you.
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