Monday, April 19, 2021
Tags Chinese transit

Tag: Chinese transit

Investment in China’s Transportation Fixed Assets Rises 27% YoY in May

China saw a rise of over 25% in investment in transportation-related fixed assets in the month of May.

China’s Rail Passenger Volumes Surge 37.6% in May

China has just seen travel passenger volumes for its nation rail system surge in on-month terms following the dialling back of its...

Chinese Central Bank Says Transit the Focus for Mobile Payments Expansion in 2019

A senior official from the People's Bank of China (PBOC) says that urban transit systems will be the focal area for the...

China Host to 2.61M Clean Cars, Over 200M Compact Cars in 2018

China saw a sizeable increase in the number of clean energy and compact cars traversing its roads in 2018 according to the latest official...

China Set to Host 30,000km of High-speed Rail by 2020

China's Ministry of Transport (MOT) says that the total length of the country's high-speed rail routes will reach 30,000 kilometres by the end of...

China Railway’s Debt Load Exceeded 5 Trillion Yuan in First Quarter

The national railway operator has just released its 2017 annual report, revealing a sizeable increase in profits alongside an immense debt load. China Railway Corporation...

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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...