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Railway transport specialist Liu Youmei said the new train is economical and safe. "It can be used for public transport in populous areas and at scenic spots with fragile environments," Liu told Xinhua.
Liu said China is one of a few countries that have applied maglev technology.
THE State Council, China's Cabinet, issued new guidelines yesterday to promote the healthy development of the country's logistics industry.China will reduce tax burdens on logistics firms, give further favorable land policies and promote convenient transport of logistics vehicles, according to a statement posted on the central government's website.
CHINA may rein in plans to invest heavily in seven new strategic industries, including high-speed rail and wind power, scaling back cutting-edge projects for industries suffering from old-fashioned problems such as corruption and overcapacity, sources said.The central government originally planned to invest up to US.5 trillion over the next five years in the seven sectors, hoping they would grow
Yangshan Port, part of the Port of Shanghai, is situated at the estuary of Hangzhou Bay and is the nearest deep-water port to Shanghai. Since starting operations in late 2005, it has consistently expanded to cope with the increasing volume of goods. Over the past five years, the annual growth rate of its container throughput volume reached 32.5 percent.
THE European Union has told Chinese airlines they can win an exemption from the EU's carbon market if they follow Europe's lead in cutting greenhouse gas emissions from aviation, according to a letter seen by Reuters yesterday.
From January 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme, a system that forces polluters to buy permit
Deutsche Post-DHL's express division will continue expanding its investment in China, especially in the western region, said Ken Allen, chief executive of DHL Express."Our business there is growing faster than the rest of the country. We always keep the investments ahead of the demand curve," Allen said, without disclosing further details, in an exclusive interview with China Daily.
EU program will drastically increase operating costs for airlines, reports Li Jing in Beijing.
Watch out, frequent travelers between China and Europe. You may have to pay more for flights starting next year to offset your carbon footprint.
The European Union has set Jan 1 as the starting date for all flights, incoming and departing from the continent, to meet emission limits or pay penaltie
China's ultra-rich discover the convenience and value of private flightsCompetition among China's top air carriers is intensifying. Air China's subsidiary for private aviation - Beijing Airlines - was launched on April 11, to rival existing companies, including HNA's Deer Jet and China Eastern Airlines' business jet company.With registered capital of 1 billion yuan (3 million), Beijing Airlines i
Railway transport specialist Liu Youmei said the new train is economical and safe. "It can be used for public transport in populous areas and at scenic spots with fragile environments," Liu told Xinhua.
