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Hexie (train)
Hexie (), also known as the CRH series EMU, is an umbrella term for the multiple unit High-speed rail, high-speed and Higher-speed rail, higher-speed trains operated by China Railway under the China Railway High-speed brand. All series of Hexie are based on foreign-developed technology and later manufactured locally in China through technology transfer licenses, with the ultimate goal of China acquiring the know-how and capability to produce high-speed rail trains. The Harmony series does not belong to any single platform, instead encompassing all high-speed trains in China with roots in foreign technology, specifically CRH1, CRH2, CRH3 and CRH5. Although later variants of Hexie such as CRH380A were designed by Chinese companies, they are still classified as CRH due to incorporation of foreign technology. History In 2007, China's Ministry of Railways (China), Ministry of Railways drafted a plan for China's future high-speed network. Bombardier Transportation, Kawasaki Heavy Ind ...
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China Railway
China State Railway Group Company, Ltd., doing business as China Railway (CR), is the national passenger and freight railroad corporation of the People's Republic of China. China Railway operates passenger and freight transport throughout China with 18 regional subsidiaries. By September 2022, the total assets of China Railway Group are CNY 9.06 trillion (USD 1.24 trillion). History Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on June 18, 2019, instead of Industrial Enterprises Owned by the Whole People. This meant the Ministry of Finance would act as an investor on behalf of the state and the company would be led by a board and managed by board-chosen executives. Logo The China Railway logo was designed by Chen Yuchang () (1912–1969), officially adopted on 22 January 1950. The whole logo represents the front of a locomotive. The upper part of the logo represents the Chinese character 人 (people), ...
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CRH2
The CRH2 Hexie (simplified Chinese: 和谐号; traditional Chinese: 和諧號; pinyin: Héxié Hào; literally: "Harmony") is one of the high-speed train models in China. The CRH2 is based on the E2-1000 Series Shinkansen design from Japan with the license purchased from a consortium formed of Kawasaki Heavy Industries, Mitsubishi Electric, and Hitachi, and represents the second Shinkansen train model to be exported. In 2004, the Ministry of Railway in China purchased an initial 60 sets of the train from Kawasaki Heavy Industries with a maximum speed of . However, the newer versions of the CRH2 are not related to the E2-1000 Series despite having the same exterior shell. Variants CRH2A On October 20, 2004, the Ministry of Railway in China ordered 60 sets of CRH2A trains from Kawasaki Heavy Industries in Japan. Along with 60 sets of Bombardier's Regina-based CRH1A, and 40 sets of Alstom's Pendolino-based CRH5A, these train sets are consider as first batch of CRH trai ...
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Guangzhou–Shenzhen–Hong Kong Express Rail Link
Guangzhou–Shenzhen–Hong Kong Express Rail Link (XRL), also known as “Guangshengang XRL” (officially Beijing–Guangzhou–Shenzhen–Hong Kong high-speed railway, Guangzhou–Shenzhen–Hong Kong section), is a high-speed railway line that connects Beijing and Hong Kong ( Kowloon) via Guangzhou and Shenzhen. Three types of rolling stock that operate along the XRL: Hexie (Harmony) and Fuxing (Rejuvenation) operated by China Railway, and Vibrant Express by MTR Corporation. The first phase, Shenzhen North– Guangzhou South, commenced revenue operation in December 2011. Services were extended to the city centre of Shenzhen at Futian in December 2015. The final phase, which connects Shenzhen-Futian to Hong Kong (West Kowloon) was inaugurated on 22 September 2018. It opened for public on Sunday 23 September 2018. Journey times * Hong Kong (West Kowloon) – Futian: 14 minutes * Hong Kong (West Kowloon) – Shenzhen North: 19 minutes (fastest) * Hong Kong (West Kowloon) ...
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Vibrant Express
Vibrant Express ( zh, t=動感號), also known as MTR CRH380A is a high-speed train operated by Hong Kong government-owned public transport operator MTR. It was manufactured by Chinese state-owned manufacturer CRRC Qingdao Sifang, CSR Qingdao Sifang (now CRRC Qingdao Sifang) based on the China Railway CRH380A, CRH380A ''Hexie (train), Hexie'' Electric multiple unit, EMUs developed for China Railway. Nine 8-car trainsets were ordered by the Government of Hong Kong, Hong Kong government through the MTR Corporation and delivered between 2016-17. It is the first high-speed train produced by CRRC not operated by China Railway. The train runs between Hong Kong West Kowloon railway station, West Kowloon station and Guangzhou South railway station, Guangzhou South station on the Guangzhou–Shenzhen–Hong Kong Express Rail Link. Due to the COVID-19 pandemic, the Hong Kong government suspended all high-speed rail services from . Overview Vibrant Express is based on the China Railwa ...
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MTR Corporation
MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hong Kong Exchange and is a component of the Hang Seng Index. The MTR additionally invests in railways across different parts of the world, including franchised contracts to operate rapid transit systems in London, Sweden (Stockholm Metro and the MTRX Stockholm–Gothenburg rail link), Beijing, Hangzhou, Macau, Shenzhen, Sydney, and a suburban rail system in Melbourne. History The Mass Transit Railway Corporation () was established on 22 September 1972 as a government-owned statutory corporation to build and operate a mass transit railway system to meet Hong Kong's public transport needs. On 30 June 2000, the MTRC was succeeded by the MTR Corporation Limited (MTRCL, ). As with the MTRC, the MTRCL's principal business is to operate the mass tr ...
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China Railways CRH380A
The CRH380A Hexie (simplified Chinese: 和谐号; traditional Chinese: 和諧號; pinyin: Héxié Hào; literally: "Harmony") is a Chinese electric high-speed train that was developed by CSR Corporation Limited (CSR) and is currently manufactured by CSR Qingdao Sifang Locomotive & Rolling Stock Co., Ltd. As a continuation of the CRH2-380 program it both replaces foreign technology in the CRH2 with Chinese developments and increases its top speed. The CRH380A is designed to operate at a cruise speed of and a maximum speed of in commercial service. The original 8-car train-set recorded a top speed of during a trial run. The longer 16-car train-set reached . CRH380A is one of four Chinese train series which have been designed for the new standard operating speed of on newly constructed Chinese high-speed main lines. Officially, it is the only series of the four not based on a foreign design, and although it was not produced under a technology transfer agreement, there have been ...
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Fuxing (train)
Fuxing () (also known as the CR series EMU, or as the Fuxing Hao) is a series of high-speed and higher-speed EMU trains operated by China Railway High-speed (CRH) and developed by CRRC, which owns the independent intellectual property rights. Initially known as the China Standardized EMU, development on the project started in 2012, and the design plan was finished in September 2014. The first EMU rolled off the production line on 30 June 2015. The series received its current designation of Fuxing in June 2017, with nicknames such as "Blue/Red Dolphin" (CR400AF) and "Golden Phoenix" (CR400BF) for certain units. It is among the world's fastest conventional high speed trains in regular service, with a operating speed of for the CR400AF and CR400BF models. This train will also operate in Indonesia on the Jakarta-Bandung high-speed railway from 2023, with a derivative version of CR400AF, also known as KCIC400AF or Komodo Merah (literally: red komodo dragon). History Back ...
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Complete Knock-down
A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, then exported to another country or region for final assembly. A common form of knock-down is a complete knock-down (CKD), which is a kit of entirely unassembled parts of a product. It is also a method of supplying parts to a market, particularly in shipping to foreign nations, and serves as a way of counting or pricing. CKD is a common practice in the automotive, bus, heavy truck, and rail vehicle industries, as well as electronics, furniture and other products. Businesses sell knocked-down kits to their foreign affiliates or licensees for various reasons, including the avoidance of import taxes, to receive tax preferences for providing local manufacturing jobs, or even to be considered as a bidder at all (for example, in public transport projects with "buy national" rules). A ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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CSR Corporation Limited
CSR Corporation Limited (CSR), formerly known as China South Locomotive & Rolling Stock Corp was a Chinese manufacturer of locomotive and rolling stock. In 2015, the company merged with China CNR to form CRRC. History In 2007 the China South Locomotive & Rolling Stock Corporation Limited (CSR) was formed.History
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China CNR
China CNR Corporation Limited (CNR) was a primary manufacturer of locomotives and rolling stock for the Chinese market. The company has also exported to over 80 countries and regions, including Argentina, Australia, Brazil, France, Hong Kong, New Zealand. Saudi Arabia, Taiwan and Turkey. In 2015, the company merged with CSR to form CRRC. History In 2008 China CNR was incorporated as the subsidiary of CNR Group (China Northern Locomotive & Rolling Stock Industry (Group) Corporation).Sources: China ChengTong Holdings Group and China Huarong Asset Management were minority shareholders. In the same year CNR Dalian's CKD7C were exported to the Republic of Congo. The company made an IPO of $2bn in 2009 on the Shanghai stock exchange. From the early 21st century onwards the group began a strategic diversification into wind turbine manufacture - its first major new facility was a 500 turbine per year capacity factory in Songyuan, (built 2009–11), established through CNR Wind ...
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Joint-venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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