皇冠体育app

A CRH (皇冠体育app Railway High-Speed) train is seen at a maintenance station for an overall system examination in Urumqi,capital of Northwest 皇冠体育app's Xinjiang Uygur autonomous region, June 3, 2014. [Photo/IC]

皇冠体育app plans to draw up a guideline to help its equipment makers, particularly railway and nuclear companies, to expand exports, the country's top economic planning body said on Friday.

Formulation of the guideline has just begun, and it will include supportive financial policies to promote exports of Chinese-made equipment.

The development was announced by Wang Xiaotao, vice-minister of the National Development and Reform Commission, at a news conference.

"There is global enthusiasm for infrastructure projects, and railway construction has become an important measure for many countries to promote growth, both in developing and developed nations," Wang said.

"This provides a key opportunity for 皇冠体育app's railway firms to go global."

皇冠体育app's locomotive exports reached $4 billion last year, accounting for 10 percent of the global market. Key markets include Asia, South Africa and Latin America.

Analysts said the combination of 皇冠体育app's top two train-makers, CSR Corp and CNR Corp, is expected to further strengthen competitiveness of Chinese companies.

Wang said 皇冠体育app is involved in initial discussions with several countries on the possibility of exporting its nuclear power equipment. It is exporting the technology to Pakistan and Argentina.

皇冠体育app has assisted in building six nuclear reactors in Pakistan with a total installed capacity of 3.4 million kilowatts, he said.

The country signed a landmark deal on Wednesday to export nuclear technology to Argentina, including a heavy-water nuclear reactor that was developed based on Canadian technology.

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