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The Present and the History of CRC’s International Trade

Since the 1990s, with the fast development of the world’s globalization, CRC began to actively explore the international market while still making equally great effort to enlarge its share in the domestic market; this showed a new strategy to focus more attention on a long-term development and a internationalized development.

With so many years’ experience, CRC’s exploration of the international market has made great progress in the respects of the railway vehicles and urban transit vehicles. Up to now it has established its offices in Iran and Pakistan, and has succeeded fundamentally in the market of Iran, Pakistan, Zimbabwe, etc; it is specially successful with Iran, most of whose market share of urban rail transportation has been occupied by CRC . The successes in exploring the market in those countries have greatly improved our influence and our fame in the international market.

CRC will still lay much emphasis on the cooperation with those countries, and at the same time will try to explore the market of other countries even including some of the developed countries. Presently it is actively keeping and developing commercial, technological, and production propaganda cooperation relationships with Egypt, Libya, Sri Lanka, Bangladesh, Turkey, Thailand, Korea, New Zealand, and Australia, trying to get more share of the international market.