A German consortium including Siemens AG is close to acquiring
final approval from Chinese authorities to apply its technology to
the extended magnetic-levitation (maglev) train line to be built in
the city, a visiting senior German official said yesterday.
Christian Wulff, an official of the state of Lower Saxony, or
Niedersachsen in German, said Transrapid International has received
"many green lights" from the municipal government for the
construction of the extended line for the world's only maglev train
in commercial use, pending final approval from the State
Council.
"We have done a lot to bring about the extended maglev line. But
time is now tight and we hope we can finish the new link to
Hongqiao Airport before 2010," Wulff said.
The extended line will include a stop at the 2010 World Expo,
which runs from May 1 to October 31, 2010, and is expected to
attract some 70 million people from around the world, Wulff
said.
Launched in 2003 and using German technology, the current maglev
train rides on a 30-km-long magnetic cushion between suburban
Shanghai and its international airport in Pudong New Area. It is
part of the much discussed maglev system linking the country's
financial hub and Hangzhou in East China's Zhejiang Province.
"German maglev technology is the most advanced in the world,"
Wulff said.
"The current section between Pudong airport and Longyang subway
station is highly successful and has already served 10 million
passengers."
Heading a delegation of about 20 members, Wulff arrived in
Shanghai on Monday night and lobbied Mayor Han Zheng yesterday to
open a Lower Saxony representative office in the city.
"Companies from Niedersachsen realized the implications of
globalization some time ago and are already active in the booming
markets of the future," he said.
As of last year, the state, located in the northwestern part of
Germany and with a population of eight million, had invested 6
billion euros in China, and exported 1.1 billion euros worth of
goods to the rising Asian power.
As part of its efforts to intensify activities in China,
NORD/LB, a major bank in northern Germany, which set up a branch in
Shanghai in 2004, is applying for a local currency license.
Hannes Rehm, chairman of the bank's board of management, said:
"It's a continuation of our successful strategy in China."
Wulff said he was also looking to lobby the municipal government
to develop further cooperation with the city on shipping and
exhibition affairs, as well as establishing a direct flight between
Shanghai and Hanover, his state's capital.
(China Daily May 9, 2007)