Investment up for smart railway products

Chinese railway operators have increased investment in intelligent technology products to promote the high-quality development of railways. On March 19, the Taiyuan South Engineering Section of China Railway Taiyuan Group introduced two new intelligent weed-control devices and wood-cutting machines, which carry out weed control operations on both sides of the Taiyuan-Fenglingdu railway. This has greatly reduced workers' weeding labor and improved weed-clearing efficiency. In addition to buying smart products, the section also established a youth innovation workshop, independently developing 17 products.

Stock market cap hits new high end-Feb

The total market capitalization of the Chinese stock market hit a record high at the end of February, exceeding 116.8 trillion yuan ($16.95 trillion), said the China Association for Public Companies. The figure marked an increase of 34 percent year-on-year, a monthly report published by the association showed on Wednesday. Sectors related to manufacturing, scientific research and technical services each saw their market cap rise more than 40 percent compared with the same period last year.

Xinhua - China Daily