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Tencent, Geely team up with China Railway to provide train wifi

Source: Xinhua| 2018-06-07 15:54:03|Editor: ZD
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Photo shows design renderings of future Olympic bullet trains released by the China Academy of Railway Sciences Co., Ltd in Beijing, capital of China, April 23, 2018. China will complete the testing of high-speed trains that will run on a new line linking Beijing and Zhangjiakou, co-hosts of the 2022 Winter Olympics, by the first half of 2019. A prototype of the trains will be manufactured and assembled by the end of this year. (Xinhua)

BEIJING, June 7 (Xinhua) -- China's internet giant Tencent and carmaker Geely won a joint bid Wednesday to obtain 49 percent stake in a subsidiary of China Railway providing wifi on high-speed trains across China.

Tencent Holdings Ltd. and Zhejiang Geely Holding Group will collaborate with the High Speed Network Technology Company, set up in late 2017 by state-owned China Railway Corporation, to provide wifi solutions and online services on high-speed trains.

Wifi access is already available on China's new-generation Fuxing bullet trains on the Shanghai-Beijing line.

The companies will increase the number of wifi hotspots throughout the high-speed rail network and develop an online platform that offers ticketing, shopping, tourism and catering services, according to a Geely statement.

China has the world's longest high-speed rail network. The country is expected to have 38,000 km of high-speed rail tracks by 2025.

In 2017, a total of 3.04 billion passenger trips were made on railways, and more than 56 percent of those trips were made on high-speed railways.??

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