Over the past five years CRRC invested more than USD 9 billion (58.4 billion yuan) in science and technology development, representing 5.34 percent of company’s total investment, the president of CRRC Corporation Limited, Sun Yongcai, said.
Currently, CRRC owns 11 national R&D institutes, 20 national technology centers and 13 overseas R&D centers, covering the entire process from product development, simulation, experimental verification to achievement transformation.
Since 2012, eight international standards drafted under the leadership of CRRC and 38 international standards, elaborated together with CRRC have been published. The number of overseas patents owned by CRRC is increasing by 70% per year, CRRC Corporation president explained.
Moreover, CRRC has undertaken 30 national scientific research projects, and has been awarded with 10 national scientific and technological awards.
Two years ago, CRRC obtained the approval for the construction of a national technological innovation center for high-speed trains together with the Qingdao Municipal People’s Government. Currently, the construction of the center is proceeding as scheduled. The center may integrate the functions of “intelligence pooling, collaboration, transfer, radiation, and cooperation” and become a state-of-art platform that is “rooted in China and oriented to the world”, Sun Yongcai said.
Share on:
