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Construction of China's First Medium and Low-speed Maglev Line with Complete Proprietary Intellectual Property Rights Starts on May 16, 2014

Updated: 2019-05-16

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Construction of China's first medium and low-speed maglev line with complete proprietary intellectual property rights began on May 16, 2014. [Photo/sasac.gov.cn]

Construction of China's first medium and low-speed maglev line with complete proprietary intellectual property rights starts on May 16, 2014

Construction of China's first rail for medium and low-speed magnetic levitation or maglev trains began in Changsha, capital city of Hunan province, on May 16, 2014.

It was the first commercial maglev line independently designed, manufactured, constructed and operated by China.

The 18.54-kilometer line connects Changsha South Railway Station and Changsha Huanghua International Airport, with a designed speed of 100 kilometers per hour.

The project was invested, designed and built by China Railway Construction Corporation Limited and the maglev trains were manufactured by CRRC Corporation Limited. The communication devices were provided by China Railway Signal & Communication (Group) Corporation Limited.

China has totally mastered the core technology of commercial maglev train manufacturing and has established an integrated chain of research and development, production and manufacturing, testing and commercial operation with intellectual property rights retained throughout.

Chinese central SOE Guochuang Investment Guide Fund launched on May 16, 2017

Guochuang Investment Guide Fund was established in Beijing on May 16, 2017 under the guidance of the State Council.

With a total investment of 150 billion yuan ($21.82 billion), the company was sponsored by several Chinese central SOEs, including Aerospace Investment Holding Limited on behalf of China Aerospace Science and Technology Corporation, CRRC Corporation Limited, China Reform Holdings Corporation Ltd, China Insurance Investment Co., Ltd, Industrial and Commercial Bank of China, Postal Savings Bank of China, and the Beijing municipal government.

The fund's purpose is to improve Chinese central SOEs' innovation and technology capacities and make breakthroughs with key and core technologies.

In addition, it aims to develop strategic emerging industries to promote new power for development and deepen coordinated innovation and cooperation between Chinese central SOEs, and other enterprises.

China-led intelligent manufacturing standard obtained approval by the International Telecommunication Union (ITU) on May 16, 2018

An overview of intelligent manufacturing against the background of the industrial Internet of Things was approved by the International Telecommunication Union (ITU) and the Smart City Working Group on May 16, 2018.

The approval confirmed that the China-led standards were recognized by all the members of the union and became a guiding document of intelligent manufacturing standardization.

The international standards contained in the document were jointly developed by many companies including China Telecom, China Unicom and Firehome Technology.

The document integrates related standards such as those set in China's "Intelligent Manufacturing 2025", Germany's "Industry 4.0" and the "Industrial Internet" of the US, which have had a positive impact on the development of global intelligent manufacturing.



(Executive editor: Li Shuling)

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