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Cooperation agreed between Chinese Rail and Deutsche Bahn |
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DB supports development of Chinese high speed transport network / Exchange of goods between Europe and China to be diverted to rail.
Chinese Rail and Deutsche Bahn AG are planning to work more closely together in future. An agreement to this effect was signed today in Beijing by Rail Minister Liu Zhijun and DB’s CEO Hartmut Mehdorn. Also present were the Chinese Prime Minister Wen Jiabao, and the German Federal Chancellor Angela Merkel, who is currently on a state visit to China.
“From our point of view China is an interesting market,” explained Hartmut Mehdorn. “The market is growing rapidly, and the flow of goods between the Far East and Europe is likewise on the increase. So it is a logical step to enter into a closer cooperation. As a provider of mobility and logistics services, we need to be actively involved wherever our customers are to be found.” On the basis of the agreement, rail transport between China and Germany by way of the Trans-Siberian railroad should increase significantly. This route is considerably quicker than transport by sea. Both parties are hoping to increase their market share by jointly developing procedures that are focused on the needs of the customer and attuned to the market. Deutsche Bahn will moreover support China in the development and operation of its high speed transport system, involving speeds of more than 200 kilometers per hour. Support will include operations, passenger information and reservation systems, safety management and marketing.
Source: Press Release
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