Wednesday, October 28, 2020
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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Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...

Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...