China's top economic planner announced Tuesday it has approved feasibility reports for two railway projects with total investment of 79.47 billion yuan (11.84 billion U.S. dollars). The two projects would be located in the country's ...
Tags: Railway, Transportation
The world's first circular high-speed railway line has begun operation in China's southernmost province, Hainan. Locals are hoping the new rail will further promote the economy of the island, which is already a popular tourism attraction. ...
Tags: High-Speed Railway, Hainan
The 11thseminar of the series of seminars called the “Brilliant 12th Five Year” was held on October 19 in Beijing. Our Journalist interviewed the reporter, China International Trade Representative and Vice Minister of Commerce ...
China will further encourage projects that export Chinese industrial capacity and equipment under a "win-win" principle, an official with the country's top economic planner said on Thursday. Xu Shaoshi, director of the National ...
Tags: Industrial Capacity
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as China's annual Central Economic Work Conference is set to start on Tuesday. The meeting, usually held in early December, sets the ...
China's overall fixed asset investments in its railways totaled RMB 429.269 billion ($70.14 billion) in the first 10 months of the current year, up RMB 4.1 billion or 1.0 percent year on year, according to the figures issued by China ...
Tags: fixed asset investments, railways
The Chinese economy would maintain its sustained and healthy growth and China would stay on the path of reform and opening up, Chinese Premier Li Keqiang wrote in an article published in the Financial Times Monday. Under the headline ...
Tags: Economy, Healthy Growth
Speaking at the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting taking place in Doha on March 3-5, Juma Al Mansouri from Emirates Steel said that the UAE is seeking to transform its oil-dependent economy by spending billions of ...
Tags: oil, Oil Dependent, Oil Economy
Financial Express reported that Indian Railway Finance Corporation plans to raise nearly INR 9,000 crore through tax free bonds by March next year. IRFC said that "The company shall issue bonds up to an aggregate amount of INR 8,981.40 ...
Tags: Indian Railway Finance Corporation, India, transportation, tax free bonds
PTI Adani Group hopes to start production from its USD 10 billion Carmichael project in Australia by 2015 and expects it to reach its peak level of 60 million tonnes a year by 2022. Mr Gautam Adani chairman of Adani Group said that "We ...
Tags: production jobs, mining, coal mine, coal mining news
As on April 1st 2012, there are 347 ongoing new line, gauge conversion and doubling projects requiring INR 0147 million tonne for their completion. Projects are progressing as per availability of resources. During 2011-12, four new line, ...
Tags: railway projects, Railway Budget, limited availability of resources
Business Line reported that Mr SK Mohapatra CEO of Dhamra Port Company Ltd, the TATA Steel-L&T JV that runs a port at Dhamra in Odisha, has welcomed the Indian Railways’ new initiative to attract private investments in rail projects ...
Tags: rail projects, investment, port rail project
Reuters reported that London copper slipped retreating from a three week high in the previous session, as concerns resurfaced over fiscal troubles in the United States but signs of an economic revival in top consumer China cushioned prices. ...
Tags: copper, copper price, fiscal cliff
SKF today announced that they have been awarded two contracts totaling around SEK 50 million from Siemens Rail Systems for railway projects in Europe. "The European passenger transportation market has been strong and continues to grow, " ...
Tags: Market View, bearing