CSR to enhance support for China's rail transport

BEIJING - The Central Research Institute of China CSR Corp Ltd was unveiled Tuesday.

CSR, China's biggest train maker, developed the institute to integrate high-end technology and management resources in the railway sector, a move aimed at boosting the innovative capacity of China's railway development.

Wang Jun, head of the institute, compared the role of the new branch to an engine of innovation and a platform for gathering intelligence.

Zheng Changhong, president of CSR, said the solid foundation will enable the company to lead industrial upgrading and transformation.

State-of-the-art products like the CRH380A bullet train and the HXD1 locomotive have fueled the company's ascent as a world-leading enterprise in the industry, Zheng said.

The institute also plans to explore businesses related to the production of high-end and environmentally-friendly equipment, as well as map out economic and industry strategies.