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In 2014, the Mayor of Moscow, Sergey Sobyanin, signed an agreement with the China Railway Construction Corporation and China International Fund to build a Troitskaya line of the Moscow Metro and finance construction by developing real estate at the stations. [18] [19] By 2016, the city was again negotiating with CRCC for construction of the line.
From 1950 to 1990, the General Bureau was a government agency for many railway construction as well as highway bridge. A subsidiary of the General Bureau, The Major Bridge Engineering Bureau, now China Railway Major Bridge Engineering Group [ zh ] was said to construct over 1,000 bridges from 1953 to 2009.
The major shareholder of the company is the state-owned China Railway Engineering Corporation (CRECG). By revenue, CREC is the largest construction company in the world in the 2015 Engineering News-Record "Top 225 Global Contractors". [ 2 ]
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China Railway Corporation was established in 2013 to be responsible for railroad construction, operation, and maintenance. [6]: 209 Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on 18 June 2019.
The China Railway No. 5 Group (abbreviated as CR5) is a subsidiary of the transport construction conglomerate, China Railway Group Limited. Domestically it mainly constructs subway lines and high speed rail. The company is also a contractor for a rail line in Singapore.
The 1,860 km railway in Africa was China's single largest foreign aid project. On 1 June 1979 China Civil Engineering Construction Corporation was incorporated, upon the approval by the State Council of China.
In 2000, China Railway Engineering Corporation, the parent company at that time, was independent from the ministry.In 1999, most of the assets of "China Railway No.2 Group Co., Ltd." was injected into a new subsidiary China Railway Erju Co., Ltd. and floats in the Shanghai Stock Exchange in 2001.