CRRC eyes high-speed new maglev

Railway exporter seeks to develop vehicles reaching speeds of up to 600 km per hour

China Railway Rolling Stock Corp Ltd, the country's railway vehicle and equipment exporter, will start researching and developing a magnetic levitation or maglev train that can reach 600 km per hour - the fastest train of its kind currently in service.

The group will build a maglev rail line up to 5 kilometers to test the train. The project will be led by CRRC Qingdao Sifang Co Ltd in Shandong province, one of the country's three bullet train makers, the company said in a statement.