From a standing start 12 years ago, the China has built 10,000 miles of high-speed track within its borders — longer than the rest of the world’s network combined and enough to stretch from New York to Hawaii and back.
China is bidding for about $18 billion in High Speed 2 project connecting London with northern cities.
China’s railway industry is engaged in infrastructure negotiations with 30 countries, with investments in high-speed rail projects projected set to reach $470 billion. The railway projects for which China is currently negotiations with other countries total 5,000 km in length with total investments of nearly 1 trillion yuan (US$157 billion)
Indonesia is considering China’s bid on a medium speed rail line.
China-made high-speed railway have a maximum speed of 350 km per hour costs around US$17 million to US$21 million per km, compared to the US$25 million to US$39 million for European companies.
China’s “Belt and Road” initiative and the China-led Asian Infrastructure Investment Bank will also provide some of the financing needed for the projects.
China is pursuing a private high speed rail project in the USA to connect outlying areas of Los Angeles with Las Vegas
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.