HOME   NEWS   SPECIAL REPORT   PHOTO   COMMENTARY   VOICE   LEARNING CHINESE
NEWS > Business
China's largest rail production, repair base starts operation
2007-11-12 13:40:53 Xinhua English

WUHAN, Nov. 12 (Xinhua) -- China's largest rail production and repair base in the central Hubei Province began operation on Monday.

The Changjiang Company of China South Locomotive and Rolling Stock Industry (Group) Corporation in the provincial capital Wuhan will be capable of producing 11,000 cargo train cars and repairing17,000 cars annually. It is the largest facility of its kind in Asia, the company said.

The 100-hectare base was created after the merger of a number of locomotive companies in central and southern China. It has an investment of 3 billion yuan (405 million U.S. dollars).

Certain products made by the company will target the North American market. It also aims to export 40,000 tons of parts and repair 450 passenger trains annually.

MORE NEWS
China Enterprises Index plunges nearly 6%  
China utilizes $54 bln in FDI in first 10 months  
U.S. stocks waver as investors stay cautious  
US stock markets open lower as jitters persist  
China utilizes $54 bln in FDI in first 10 months  
China Enterprises Index plunges nearly 6%  
IBM buying Cognos for 5 billion dollars  
Oil prices slide on talk of OPEC output hike  

SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reportsˇAor find business partners through our online Business Directory. For investment opportunities with SINA, please click the link "Investor" below.
| About SINA | Investor | Media Kit | Comments or Question? |
Copyright © 1996-SINA Corporation, All Rights Reserved