Chinese firm exports high-speed train parts to Europe

Last Updated: Fri, Aug 10, 2012 06:40 hrs

Beijing, Aug 10 (IANS) One of China's leading locomotive producers said Friday that it has delivered a batch of high-speed train compartments ordered by Siemens AG, marking the first such export to Europe.

Tangshan Railway Vehicle Co. Ltd., a subsidiary of CNR Corp., producer of China's first passenger train, said the 91-million-yuan ($14.3 million) delivery demonstrates the company's status as a strategic supplier of high-speed train components, reported Xinhua.

The company's high-speed train component production line has been certified according to international railway industry standards, the company said.

Tangshan and Siemens will engage in cooperation regarding technological development, product sales and personnel exchanges, according to an agreement inked between the two.

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