In October, its parent company — Dalian Public Transport Construction Investment Group — signed a procurement contract with CRRC Electric Vehicle.
This is the largest public transportation upgrade project since China introduced the large-scale equipment upgrade and consumer goods trade-in program in March 2024, with the procurement to production delivery cycle taking only three months after initiation.
Infographic:
China to expand two-way investment cooperation
Infographic:
China to open wider to outside world