Wednesday, January 27, 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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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...