People's Daily online reported (April 11, 2008):
Tangshan Railway Vehicle Co. Ltd., a CNR company, launched three units of its high-speed train CRH3 that is supposed to reach a maximum speed of 350 km/h. Resembling the German ICE train (330 km/h) rather than the French TGV, each unit consists of 8 wagons (one first class, six second class and one second class restaurant wagon) and is intended to transport 557 passengers. In 2009, a total of 57 train units will be in operation.
Bad news for Germany that is trying to sell its brand-new magnetic hovertrain TRANSRAPID to China.
A series of photos, showing the new Chinese train, is available on the Chinese language site of People's Daily.
For further information, please refer to the English language site of the TRANSRAPID manufacturer.
Financial Times Germany reports on latest developments of the TRANSRAPID project (German language site).
Another German language site, showing the ICE system that seems to be more adequate for Chinese mass transportation requirements, can be found here: German Railways Authority.