Because our global supply and value chains are well estab

lished, it is fairly critical for us to transform the operational mode from simply

producing and shipping rolling stock to other countries to deepening the degree of international cooperation,” said Lou.

His remarks came after China and Argentina enhanced their relations to boost t

rade, investment, infrastructure and development of services-related facilities.

More Chinese companies such as China Railway Construction Corp and China National Machine

ry Industry Corp have already expanded their market presence in Argentina in the second half of 2018.

To upgrade the public transportation system in Buenos Aires, the country’s capital, and modernize the city’s infrast

ructure, Argentina’s Ministry of Transport signed a purchase deal for 200 rail cars and related parts from CRRC in Apr

il last year. It was the third carriage order from the ministry. The deal is worth about 2 billion yuan ($299 million).

dnrjpa.cn