Wednesday, May 24, 2017

Russian Railways works with China

Russian Railways has announced future plans to cooperate with China on the development of high-speed rail as well as a trans-Eurasian rail corridor.

The new strategic plan includes the building of 20,000 kilometers of new railways by 2030, including approximately 5,0000 kilometers of high-speed rail. The news came during an international railway forum attended by industry experts and authorities, China.org.cn reports.

"Russia is expected to develop a railway network, including high-speed rail lines from Kazan and Yekaterinburg to Khabarovsk and Vladivostok," Russian Railways president Vladimir Yakunin said, according to China.org.cn. "In this field, we are willing to cooperate with China's railways and financial institutions. China has rich experience in high-speed rail construction, which creates room for further cooperation between the two countries in this field."

Yukin will visit China next week as part of a Russian delegation led by president Vladimir Putin. The delegation will meet with China's railway authorities in order to further discuss bilateral cooperation efforts on the trans-Eurasian rail corridor. The proposed corridor would run from the southwestern Chinese city of Chongqing to the German city of Duisburg.