EU Tour – Rail Working Level Meeting

2016-01-26 | Beijing

Ÿ   YZ illustrated Chinese domestic players of the railway industry stepped into the external market, and it requested strength merge on its rail industry. An interest rebalances and synergy using method shall be introduced to reduce the cost economically.

Ÿ   YZ raised a question on ‘How can European Industry have the same market power and the national treatment in China?’ which covers the topic of:

Ÿ   JV requirement

Ÿ   Capital interest of investment

Ÿ   13 FYP release in April 2016

Ÿ   Public private partnership in practice on the condition of a stable regulation in place

Ÿ   LTER replacement of the current standards, and will MNCs in China involved in the design process?

Ÿ   HH expressed the inclusion of the industry players in the consultation phase of regular bilateral dialogue would reduce the dialogue cost in the first phase from government to industry

Ÿ   Finically, HH expressed that a frequent China and Europe dialogue on rail sector with invitation of the industry to join through chamber channel will enhance the dialogue