China's capital city Beijing welcomes foreign participation in the
construction of its urban railway communications system.
This was the message expressed by Beijing Mayor Liu Qi here on
Friday during separate meetings with Lord Charles Powell, President
of the China-Britain Business Council (CBBC) and Klaus Wucherer,
member of the Managing Board of Siemens AG.
Liu briefed the visitors on the city's railway communications
development, explaining that Beijing's objective is to have 300
kilometers of urban railways before the year 2008, an important
undertaking given that Beijing currently has only 50 kilometers of
subways.
He
said that this would be a large-scale investment project, and
expressed his hope that foreign companies would participate in the
development of the city's urban railway communications system.
Powell said British companies were interested in Beijing's urban
construction and there were broad cooperative prospects in
technological consultations, project management and financing.
Wucherer said Siemens was confident about China's future
development and was considering moving its Asian-Pacific
headquarters to Beijing.
( September 7, 2002)