Photo Gallery Gathering Pace
Its experiences in auto and rail construction have taught Beijing that even a country of China's size and ambition must find a balance between political expectations and economic reality, and between prestige and profit.
China is reinvigorating the country's inefficient state-owned enterprises and raising the global competitiveness of domestic industry. This entails creating more national champions and boosting exports of high-end equipment. The railroad industry, for example, is fast becoming a world leader.
Foto: © China Stringer Network / Reut/ REUTERS
In 2012, China opened the world's longest high-speed rail line, linking Beijing and the southern city of Guangzhou.
Foto: Str/ dpa
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