MetroTrans 2025: Premier Global Hub for Rail Transit Innovation and Collaboration
As the most influential trade fair in urban rail transit sector in the world, the 2025 China International Metro Transit Exhibition (MetroTrans 2025) will be held in Qingdao, China, from September 18 to 20. MetroTrans 2025 will present a vital opportunity for global professional audiences to gain insight into China's rail transit industry and connect with resources for global cooperation, serving as a new hub for international rail transit collaboration.
Organized by CAMET, MetroTrans 2025 will convene under the theme - "Innovation Drives Breakthrough, Advancing into a New Era of Urban Rail." The event will feature an 80,000sqm exhibition space, with seven professional exhibition areas and four thematic pavilions. These cover multiple fields, including vehicle systems and equipment supply chains, signal communication systems, IT technology and AI, infrastructure and engineering construction, operation and management services, and the integration of low-altitude economy with urban rail transit.
Over 500 global leading enterprises will showcase cutting-edge achievements. Including urban rail operators such as Shanghai Metro, Nanjing Metro, Beijing Infrastructure Investment Co. (BII), Guangzhou Metro, Chongqing Rail Transit, Shenzhen Metro, Beijing Subway, Qingdao Metro, Jinan Rail Transit, Wuxi Metro, Hangzhou Metro, MTR (Hong Kong), Tianjin Rail Transit, etc. Global rail industry giants set to exhibit include CRRC, CRSC, CREC, Siemens Mobility, Alstom and Knorr-Bremse, etc. Visitors will gain firsthand access to the most advanced technologies, products, and integrated solutions spanning the entire global rail supply chain.
A rich concurrent program will feature:
CAMET Forum: Bringing together global industry leaders, policymakers, academicians, experts, and supply chain executives for in-depth discussions (hybrid format) on critical development topics, fostering collaboration.
The 2nd China Metro Transit High-Tech Fair: Spotlighting cutting-edge industry innovations.
The 2nd China Metro Transit Science Popularization Exhibition: Showcasing the history of urban rail development and engaging educational exhibits.
ASEAN Rail Transit Cooperation Matchmaking Session:" Facilitating targeted business connections between Chinese suppliers and ASEAN market needs.
Over 20 additional seminars, workshops, and networking events: Creating a dynamic carnival atmosphere for all attendees.
MetroTrans 2025 is the perfect platform for global enterprises and professionals to engage in China's rail transit market, or establish industrial partnerships. We invite the global rail transit community to join us at MetroTrans 2025 in Qingdao, to discover unparalleled opportunities and shape the future of urban rail mobility together.
Contacts:Ding Qiao: dingqiao@railvision.cn Jing Jing: jingjing@railvision.cn
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/metrotrans-2025-premier-global-hub-for-rail-transit-innovation-and-collaboration-302518224.html
SOURCE China Association of Metros
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Analysis-China's independent oil firms elbow into Iraq's majors-dominated market
By Chen Aizhu and Ahmed Rasheed SINGAPORE/BAGHDAD (Reuters) -China's independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC's number two producer even as some global majors have scaled back from a market dominated by Beijing's big state-run firms. Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to 500,000 barrels per day by around 2030, according to estimates by executives at four of the firms, a figure not previously reported. For Baghdad, which is also seeking to lure global giants, the growing presence of the mostly privately run Chinese players marks a shift as Iraq comes under growing pressure to accelerate projects, according to multiple Iraqi energy officials. In recent years, Iraq's oil ministry had pushed back on rising Chinese control over its oilfields. For the smaller Chinese firms, managed by veterans of China's state heavyweights, Iraq is an opportunity to leverage lower costs and faster development of projects that may be too small for Western or Chinese majors. With meagre prospects in China's state-dominated oil and gas industry, the overseas push mirrors a pattern by Chinese firms in other heavy industries to find new markets for productive capacity and expertise. Little-known players including Geo-Jade Petroleum Corp, United Energy Group, Zhongman Petroleum and Natural Gas Group and Anton Oilfield Services Group made a splash last year when they won half of Iraq's exploration licensing rounds. Executives at smaller Chinese producers say Iraq's investment climate has improved as the country becomes more politically stable and Baghdad is keen to attract Chinese as well as Western companies. Iraq wants to boost output by more than half to over 6 million bpd by 2029. China's CNPC alone accounts for more than half of Iraq's current production at massive fields including Haifaya, Rumaila and West Qurna 1. PROFIT-SHARING, RISK TOLERANCE Iraq's shift a year ago to contracts based on profit-sharing from fixed-fee agreements - an attempt to accelerate projects after ExxonMobil and Shell scaled back - helped lure Chinese independents. These smaller firms are nimbler than the big Chinese companies and more risk-tolerant than many companies that might consider investing in the Gulf economy. Chinese companies offer competitive financing, cut costs with cheaper Chinese labour and equipment and are willing to accept lower margins to win long-term contracts, said Ali Abdulameer at state-run Basra Oil Co, which finalises contracts with foreign firms. "They are known for rapid project execution, strict adherence to timelines and a high tolerance for operating in areas with security challenges," he said. "Doing business with the Chinese is much easier and less complicated, compared to Western companies." Smaller Chinese firms can develop an oilfield in Iraq in two to three years, faster than the five to 10 years for Western firms, Chinese executives said. "Chinese independents have much lower management costs compared to Western firms and are also more competitive versus Chinese state-run players," said Dai Xiaoping, CEO of Geo-Jade Petroleum, which has five blocks in Iraq. The independents have driven down the industry cost to drill a development well in a major Iraqi oilfield by about half from a decade ago to between $4 million and $5 million, Dai said. TRADE-OFFS A Geo-Jade-led consortium agreed in May to invest in the South Basra project, which includes ramping up the Tuba field in southern Iraq to 100,000 bpd and building a 200,000-bpd refinery. Geo-Jade, committing $848 million, plans to revive output at the largely mothballed field to 40,000 bpd by around mid-2027, Dai told Reuters. The project also calls for a petrochemical complex and two power stations, requiring a multi-billion-dollar investment, said Dai, a reserve engineer who previously worked overseas with CNPC and Sinopec. Zhenhua Oil, a small state-run firm that partnered with CNPC in a $3 billion deal to develop Ahdab oilfield in 2008, the first major foreign-invested project after Saddam Hussein was toppled in 2003, aims to double its production to 250,000 bpd by 2030, a company official said. Zhongman Petroleum announced in June a plan to spend $481 million on the Middle Euphrates and East Baghdad North blocks won in 2024. Chinese firms' cheaper projects can come at the expense of Iraq's goal to introduce more advanced technologies. Muwafaq Abbas, former crude operations manager at Basra Oil, expressed concern about transparency and technical standards among Chinese firms, which he said have faced criticism for relying heavily on Chinese staff and relegating Iraqis to lower-paid roles. To be sure, some Western firms are returning to Iraq: TotalEnergies announced a $27 billion project in 2023, and BP is expected to spend up to $25 billion to redevelop four Kirkuk fields in the semi-autonomous Kurdish region, Reuters reported. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
12 minutes ago
- CNBC
Asia-Pacific stocks set to slip as investors weigh tariffs, OPEC+ output hike
Asia-Pacific markets are poised to open lower Monday as investors assess the latest Trump administration's new round of tariffs and jobs data report, which dragged Wall Street lower and fueled bets on a Fed rate cut next month. Investors will also be watching oil prices after OPEC+ concluded a slew of major output hikes. Good morning from Singapore. Investors are continuing to assess the U.S.'s latest tariffs which have now raised concerns over mounting inflation levels and an economic slowdown. They will also be keeping a watch on oil prices after OPEC+ agreed to raise production to 547,000 barrels per day in September. Japan's benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 39,965, while its counterpart in Osaka last traded at 39,900, against the index's Monday close of 40,799.60. Futures for Hong Kong's Hang Seng index stood at 24,282 pointing to a weaker open compared with the HSI's last close of 24,507.81. Australia's S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,587, compared with its last close of 8,662. — Amala Balakrishner Oil prices slipped on Friday, weighed down by a stronger U.S. dollar and the possibility that OPEC+ will further increase its crude oil output. Dado Ruvic | Reuters OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia. OPEC+ cited a healthy economy and low stocks as reasons behind its decision. "Given fairly strong oil prices at around $70, it does give OPEC+ some confidence about market fundamentals," said Amrita Sen, co-founder of Energy Aspects, adding that the market structure was also indicating tight stocks. In early Asian trade on Monday, Brent crude futures fell 43 cents, or 0.62%, to $69.24 a barrel by 2218 GMT, while U.S. West Texas Intermediate crude was at $66.94 a barrel, down 39 cents, or 0.58%, after both contracts closed about $2 a barrel lower on Friday. Read more here. — Reuters Stocks closed lower on Friday, after a weaker-than-expected jobs report worried investors that the economy is meaningfully slowing down. The S&P 500 slipped 1.6% to close 6,238.01, while the Nasdaq Composite pulled back 2.24% 20,650.13. The Dow Jones Industrial Average fell 542.40 points, or 1.23%, to finish the session 43,588.58. — Brian Evans
Bloomberg
12 minutes ago
- Bloomberg
China May Need to Trim Record Copper Output on Shortage of Ore
China's copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels — just as the government ramps up its campaign against overcapacity across industries. Research firm Shanghai Metals Market projects output this month at 1.168 million tons, 0.5% less than its peak in July, according to its monthly survey of smelters. A further drop is forecast for September.
