Canadian firm Bombardier has announced that its Chinese joint venture has won a $4bn (CNY27.4bn) contract from the Chinese Ministry of Railways to supply 80 high-speed trains.
The joint venture, Bombardier Sifang, includes Chinese firm CSR Sifang Locomotive and Rolling Stock. Bombardier's share in the contract is set to be worth $2bn (CNY13.5bn).
The ordered fleet includes 20 eight-car trainsets and 60 16-car trainsets.
The vehicles will feature Bombardier's Zefiro high-speed rail technology, Mitrac propulsion and control system and Eco4 energy-saving technology with maximum attainable speeds of 380kmph.
The fleet is part of China's ongoing rail expansion project to construct over 6,000km of new high-speed lines across the country.
Delivery of the first train is scheduled for 2012 with the remainder to arrive in 2014.
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