China spends money for peaceful domestic purposes and not for fighting endless wars.

[syed putra]

More new lines approved in China​

Projects receiving government approval include Shanghai - Hangzhou high-speed line.

Photo Credit: AJ Benton
CHINA’s National Development and Reform Commission (NDRC) has approved the project to build a new 222.8km high-speed line from Shanghai to Hangzhou, serving a new station at Shanghai East now under construction close to Pudong Airport and the surrounding development zone.

Including Shanghai East, the new line will serve a total of nine stations. New stations will be built at Fengxian, Shanghai Jinshan, Pinghu City and Linping, while capacity will be increased at the existing stations of Situan, Jiaxing South, Tongxiang and Hangzhou West.

The new high-speed line will cost Yuan 67bn ($US 9.35bn) to build. The end-to-end journey time will be 40 minutes, boosting the attractiveness of Pudong Airport for travellers to and from Zhejiang province.

NDRC has also approved the construction of a new line running from the Sichuan - Tibet Railway at Bomi station in Nyingchi prefecture in Tibet to Ranwu, 234.5km to the southeast. The Yuan 22.2bn project includes the construction of seven stations, with five to open at first.

 

[congo9]

hina's High-Speed Rail (HSR) system is reportedly losing a significant amount each year. According to a report, the actual annual loss for HSR could be over 1,000 billion yuan (approximately $145 billion USD). To break it down further ¹:
- Total Debt: China's HSR network has accumulated a debt of around 6 trillion yuan (approximately $870 billion USD) by 2023.
- Annual Losses: The entire Chinese railway system, including HSR, reported a loss of 555 billion yuan (approximately $80 billion USD) in 2020.
- Operating Losses: Most HSR lines, about 80-85%, are operating at a loss, with only 6 out of numerous lines generating enough revenue to cover operational costs.

The high construction and maintenance costs, coupled with low passenger demand on many lines, contribute to these losses. The situation is further complicated by issues like ¹ ²:
- Overinvestment: Excessive investment in HSR infrastructure, driven by political and economic incentives, has led to inefficient allocation of resources.
- Unaffordability: High ticket prices and limited accessibility make HSR unaffordable for many, exacerbating the economic inequity.
- Inefficient Operations: The focus on high-speed rail has led to neglect of other transportation modes, resulting in an unbalanced transportation system.

 

[ftan42]

China has wisely chosen to maintain a low profile in the Ukraine-Russia conflict. As for Taiwan, it views the reunification as an internal matter that can be addressed at a suitable time. Meanwhile, while the US is preoccupied with the Middle East, the Ukraine-Russia issue, Asia Pacific and other regional challenges, China has seized the opportunity to enhance its military capabilities and develop advanced weaponry in preparation for its own strategic readiness.

 

[congo9]

China has been providing all the ammunition to fuel the war.

 

[k1976]

hina's High-Speed Rail (HSR) system is reportedly losing a significant amount each year. According to a report, the actual annual loss for HSR could be over 1,000 billion yuan (approximately $145 billion USD). To break it down further ¹:
- Total Debt: China's HSR network has accumulated a debt of around 6 trillion yuan (approximately $870 billion USD) by 2023.
- Annual Losses: The entire Chinese railway system, including HSR, reported a loss of 555 billion yuan (approximately $80 billion USD) in 2020.
- Operating Losses: Most HSR lines, about 80-85%, are operating at a loss, with only 6 out of numerous lines generating enough revenue to cover operational costs.

The high construction and maintenance costs, coupled with low passenger demand on many lines, contribute to these losses. The situation is further complicated by issues like ¹ ²:
- Overinvestment: Excessive investment in HSR infrastructure, driven by political and economic incentives, has led to inefficient allocation of resources.
- Unaffordability: High ticket prices and limited accessibility make HSR unaffordable for many, exacerbating the economic inequity.
- Inefficient Operations: The focus on high-speed rail has led to neglect of other transportation modes, resulting in an unbalanced transportation system.

If u look at running a public transport like a profitable business model…China railway should be like how Master Race run it de woh

sure Huat Kah Liao and Huat Big Big de woh


Spinoff from High Speed Rail investment can be Magnetic Tech, High Power Tranmission can be harvested into other sectora eg Nuclear , Infrastructure and even military

 

[k1976]

China did the right mode in investing, creating good enginering and business model to enhance its economic competitiveness and world standing

That is why people look at China differently after covid

 

[k1976]

Pfizer Enters into Exclusive Licensing Agreement with 3SBio​

Monday, May 19, 2025 - 08:00pm
View pdfcopyCopy to clipboardOpen in tab
NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) today announced it has entered into an exclusive global, ex-China, licensing agreement with 3SBio, Inc. (01530.HK), a leading Chinese biopharmaceutical company, for the development, manufacturing and commercialization of SSGJ-707, a bispecific antibody targeting PD-1 and VEGF, currently undergoing several clinical trials in China for non-small cell lung cancer, metastatic colorectal cancer, and gynecological tumors. SSGJ-707 has shown initial efficacy and safety data in a promising class of cancer medicines. 3SBio plans to initiate the first Phase 3 study in China in 2025.

Under the terms of the agreement, 3SBio and its subsidiaries Shenyang Sunshine Pharmaceutical Co., Ltd. and 3S Guojian Pharmaceutical (Shanghai) Co., Ltd. will grant Pfizer an exclusive global license to develop, manufacture and commercialize SSGJ-707 worldwide, excluding China. The agreement also provides Pfizer the option of commercialization rights in China. 3SBio will receive an upfront payment of $1.25 billion and is eligible to receive milestone payments associated with certain development, regulatory and commercial milestones up to $4.8 billion as well as tiered double-digit royalties on sales of SSGJ-707, if approved.

 

[congo9]

If u look at running a public transport like a profitable business model…China railway should be like how Master Race run it de wohView attachment 227431sure Huat Kah Liao and Huat Big Big de woh


Spinoff from High Speed Rail investment can be Magnetic Tech, High Power Tranmission can be harvested into other sectora eg Nuclear , Infrastructure and even military

You just thought too high of these CCP intelligence and their integrity. Making the world a better place ?
When a HSR pass through an estate, it bring up the value of property. But with property market like this, it make no sense to expand more. The value goes up but it's not cool hot cash. It's just perceived value.

After that you need more cash money to maintain the infrastructure.

 

[congo9]

Pfizer Enters into Exclusive Licensing Agreement with 3SBio​

Monday, May 19, 2025 - 08:00pm
View pdfcopyCopy to clipboardOpen in tab
NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) today announced it has entered into an exclusive global, ex-China, licensing agreement with 3SBio, Inc. (01530.HK), a leading Chinese biopharmaceutical company, for the development, manufacturing and commercialization of SSGJ-707, a bispecific antibody targeting PD-1 and VEGF, currently undergoing several clinical trials in China for non-small cell lung cancer, metastatic colorectal cancer, and gynecological tumors. SSGJ-707 has shown initial efficacy and safety data in a promising class of cancer medicines. 3SBio plans to initiate the first Phase 3 study in China in 2025.

Under the terms of the agreement, 3SBio and its subsidiaries Shenyang Sunshine Pharmaceutical Co., Ltd. and 3S Guojian Pharmaceutical (Shanghai) Co., Ltd. will grant Pfizer an exclusive global license to develop, manufacture and commercialize SSGJ-707 worldwide, excluding China. The agreement also provides Pfizer the option of commercialization rights in China. 3SBio will receive an upfront payment of $1.25 billion and is eligible to receive milestone payments associated with certain development, regulatory and commercial milestones up to $4.8 billion as well as tiered double-digit royalties on sales of SSGJ-707, if approved.

Finally is the China CCP trying to let tht market open up so that investment can go in ?

 

[syed putra]

hina's High-Speed Rail (HSR) system is reportedly losing a significant amount each year. According to a report, the actual annual loss for HSR could be over 1,000 billion yuan (approximately $145 billion USD). To break it down further ¹:
- Total Debt: China's HSR network has accumulated a debt of around 6 trillion yuan (approximately $870 billion USD) by 2023.
- Annual Losses: The entire Chinese railway system, including HSR, reported a loss of 555 billion yuan (approximately $80 billion USD) in 2020.
- Operating Losses: Most HSR lines, about 80-85%, are operating at a loss, with only 6 out of numerous lines generating enough revenue to cover operational costs.

The high construction and maintenance costs, coupled with low passenger demand on many lines, contribute to these losses. The situation is further complicated by issues like ¹ ²:
- Overinvestment: Excessive investment in HSR infrastructure, driven by political and economic incentives, has led to inefficient allocation of resources.
- Unaffordability: High ticket prices and limited accessibility make HSR unaffordable for many, exacerbating the economic inequity.
- Inefficient Operations: The focus on high-speed rail has led to neglect of other transportation modes, resulting in an unbalanced transportation system.

hsr will need time to recover from initial investment. On normal days it may lose but it recoup on busy days like long weekends and holidays.

 

[congo9]

Investing in HSR is good.
But don't do it overly.
HSR is not a necessity and some country do it because of vanity.

HSR can only be good that govt will absorb the building costs, land costs and depreciation costs.
Or else with the little revenue it produce from operation, it's not worth doing it. You need to pay for your salary, operation costs and maintenance costs .

 

[KingFook Sr]

hina's High-Speed Rail (HSR) system is reportedly losing a significant amount each year. According to a report, the actual annual loss for HSR could be over 1,000 billion yuan (approximately $145 billion USD). To break it down further ¹:
- Total Debt: China's HSR network has accumulated a debt of around 6 trillion yuan (approximately $870 billion USD) by 2023.
- Annual Losses: The entire Chinese railway system, including HSR, reported a loss of 555 billion yuan (approximately $80 billion USD) in 2020.
- Operating Losses: Most HSR lines, about 80-85%, are operating at a loss, with only 6 out of numerous lines generating enough revenue to cover operational costs.

The high construction and maintenance costs, coupled with low passenger demand on many lines, contribute to these losses. The situation is further complicated by issues like ¹ ²:
- Overinvestment: Excessive investment in HSR infrastructure, driven by political and economic incentives, has led to inefficient allocation of resources.
- Unaffordability: High ticket prices and limited accessibility make HSR unaffordable for many, exacerbating the economic inequity.
- Inefficient Operations: The focus on high-speed rail has led to neglect of other transportation modes, resulting in an unbalanced transportation system.

A good government knows that you do not make money out of infrastructure projects.
Such projects are to enhance services to the people.

 

[laksaboy]

Investing in HSR is good.
But don't do it overly.
HSR is not a necessity and some country do it because of vanity.

HSR can only be good that govt will absorb the building costs, land costs and depreciation costs.
Or else with the little revenue it produce from operation, it's not worth doing it. You need to pay for your salary, operation costs and maintenance costs .

That's exactly what China is doing now.

Also, the Chicoms are going to have a parade early next month... '80th anniversary of resistance against the Japs'. Those whose IQ aren't too low and know real history understand how truly shameless the CCP regime is for organizing that.