CSR signed agreements with GE Power High Speed Rail in China to the world

 Editor's Note: GE Company December 7, 2010 announcement, and the China South Locomotive Co., Ltd. signed a cooperation framework agreement establishing a joint venture in the United States to work together to promote high-speed railways and other rail transportation technology to promote development in the U.S. market . This means that China will usher in high-speed rail, or technology export market opportunities, high-speed railway in China accelerated to the world.

CSR reports help China signed agreements with GE high-speed rail to the world

CSR reports help China signed agreements with GE high-speed rail to the world

Reporter from the relevant sources that, on January 19 during the visit of President Hu Jintao, the Chinese Ministry of Railways and the General Electric Company (GE Company) signed in Washington, DC EMU high-speed railway technology transfer memorandum, the two sides agreed to support the China South Locomotive and GE joint venture in the United States, will be China's high-speed rail technology to the United States.

Under the MOU, signed in the previous high-speed railway project of the United States Memorandum of Understanding on strategic cooperation and GE-China South Locomotive on the establishment of a joint venture in the United States on the basis of the framework agreement, the Chinese Ministry of Railways agreed to from the China South Locomotive U.S. joint venture technology transfer of high-speed EMU, for the North American rail passenger market. The joint venture's product range includes not only high-speed EMU, but also medium-speed electric train set, metro, light rail vehicles and DMU.

the signing of the MOU, the joint venture is expected to become the first U.S. state of Florida and California, two high-speed railway project to provide high-speed rail technology manufacturers. Market analysis, CSR in the United States as the only EMU project manufacturers, relying on the U.S. project to speed up the

China South Locomotive and Rolling Stock Co., Ltd., has said: manufacturing and supply chain management capabilities, as well as understanding of the U.S. railway market, the cooperation worth the wait. With the total length of 8,000 km of smooth opening and operation of high-speed railway, China has become the world's highest rate of high-speed rail operators, the longest distance, the most complete national system technology. By 2020, China plans to extend its railway network extending 120,000 km, of which 16,000 km dedicated high-speed railway track. And China South Locomotive as the world's largest rail transportation equipment, one, in the high-speed EMU in urban rail transit vehicles and the design, manufacture, testing, repair and maintenance has extensive experience and advanced technology. Not long ago, developed by the China South Locomotive grouping CRH380A type 16 EMU in the first section of Beijing-Shanghai high-speed rail pilot ran out of the 486 per hour. Km of testing the world's highest railway operating speed.

It is reported that China South Locomotive and diesel locomotives, GE has conducted fruitful cooperation in the field, so far the Chinese Ministry of Railways to provide the most technologically advanced, energy efficient, low emission internal combustion heavy locomotive. Ministry of Railways has delivered more than 300 locomotives in operation.

China Securities Network