In its semi-annual financial report, the manufacturer notes that it is undertaking major manufacturing reforms aimed at “internationalization, restructuring and capacity optimization.”

Picture: CRRC

The company assumes an active response to the growth of the rolling stock modernization market, the integration of production and maintenance of equipment, the simplification of the sharing of resources by production sites, informs Railway Supply magazine citing tzdjournal.

CRRC will purchase products from Israeli businesses under a compensation agreement

For reference: the declared annual production capacity of the Chinese CRRC (as of June-2021)

  • 547 MVPS trains (including high-speed trains)
  • 1,530 locomotives
  • 2,300 passenger cars
  • 51,500 freight cars
  • 11 840 cars for urban transport (metro, trams, monorail, maglev for low and medium speeds)

Additionally: as of June 2021, CRRC has established 82 subsidiaries abroad, as well as 40 institutes and 18 research centers in other countries.

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