Off the wire
2nd LD Writethru: EU leaders adopt guidelines on Brexit negotiations with Britain  • Roundup: Tunisian economy under threat as upset by currency depreciation  • Chinese Super League soccer standings  • Results of Chinese Super League  • Grenade blast injures two in Burundi's capital: police  • Ethiopia PM participates in Rwanda community work during state visit  • Urgent: Philippine president says Belt and Road initiative good for region  • Iran seeks to increase power supply capacity  • FLASH: PHILIPPINE PRESIDENT RODRIGO DUTERTE SAYS BELT AND ROAD INITIATIVE GOOD FOR THE REGION: PRESS CONFERENCE  • China's property giant reports robust Q1 profit amid cooling measures  
You are here:   Home

BYD invests in monorail project in east China

Xinhua, April 29, 2017 Adjust font size:

China's leading new energy vehicle maker BYD will set up a monorail train production base and launch a tourist monorail line in east China's Shandong Province.

According to an agreement recently signed between BYD and the government of Jining city, the 35-km-long cloud rail connects Qufu, the hometown of Confucius with Zoucheng, the birthplace of Mencius.

Confucius and Mencius were both Chinese thinkers more than 2,000 years ago.

The total investment for the first phase is 8 billion yuan (1.16 billion U.S. dollars). The rail, or called Yungui, will be completed in September next year.

Monorail trains can run at a maximum speed of 80 km per hour. Compared with subways, overground monorail costs less and is less noisy.

The Qufu-Zoucheng monorail will be convenient for tourists and residents to travel between the two cities, said Feng Jialei, head of the Jining Investment Promotion Bureau. Endi