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      High-speed rail new engine of Chinese economy: HK media  

      港媒:高鐵正成為支撐中國經濟新常態的火車頭

      《香港商報》27日發表文章稱,隨著房地產開始降溫,以高鐵為代表的高科技制造業,正成為內地新的經濟增長點,支撐起中國經濟的新常態,成為拉動經濟發展的火車頭。[查看全文]
      2014-08-27 17:03 Ecns.cn Web Editor: Si Huan
      1

      (ECNS) -- China's high-speed rail, representative of the country's high-tech manufacturing industry, is becoming a new economic growth point on the Chinese mainland as the real estate market cools, according to Hong Kong Commercial Daily.

      The report said the influence of high-speed rail on China's economy is no less than that of real estate. It promotes the development of related technology, research and development, manufacturing, construction and labor services, the whole of which can form a massive and integrated industrial chain.

      The massive coverage and safety of the high-speed rail network make the mainland more competitive amongst other main economies, it said.

      China has obtained rich experience in constructing railways at home, at a cost much lower than in other countries, which offer it more advantage in exporting such technology.

      This can also facilitate its export of products and labor, while in return, assist in related industrial transformation and upgrading.

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