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Follow on Google News | China's Path to High-Speed Rail“As we study the history of the developed economy, the railroad has proven to be the most efficient way of mobilizing people. As people start to move, economic development will follow.” – Vice Chairman of PKU-IELI, Samuel K. T. Lee
By: China Frontline Beijing, September 14, 2012. China runs the fastest operating high-speed trains in the world, the maglev and the CRH380. While working with several multinational partners, China spent hundreds of millions on technology transfer fees and now has an expanding domestic high-speed rail (HSR) network, prospects of export projects and claim to 100% intellectual property rights to the CRH380. Investment in the HSR will continue to grow in the years to come. Railway industry statistics and key facts included in the report, among others, are: Total Railway Comparison: USA vs. China China Railway Goals Map of China’s Major HSR Lines Completed HSR Lines Travel Time: Conventional vs. High-speed Rail USA China HSR Comparison Siemens: Knorr- Cost of Currently Operating HSR Lines MOR Train Orders 2004 – 2011 Annual Funding for Total Railway Projects MOR’s Assets & Liabilities MOR Funding Sources The key takeaway is the assessment section by head strategist and on-the-ground team of research analysts at the university think-tank. The report is brought to you by Victoria Harbour Strategies in association with Peking University IELI. To view more details and to download the full report, visit: http://www.chinafrontline.com/ About International Economic Law Institute Founded in 1981, International Economic Law Institute (PKU-IELI) is a Peking University think-tank in Beijing. The think-tank's major focus is on the areas of international economic law, China policy and investment research. About Victoria Harbour Strategies Victoria Harbour Strategies (VHS) is a private investment and research firm specialized in China. VHS analysts primarily research and monitor large capitalized stocks in the high-growth areas. The firm advises institutional investors and corporations. Media Contact: Tiffany Tseng, Associate Director of PKU-IELI +86-1510-167- ttseng@ieli- End
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