According to the Changsha Customs Authority, in the first eight months of this year, Hunan exported 950 million CNY of rail transit equipment, marking a year-on-year increase of 55.2%. The monthly exports in August surged sharply, reaching 180 million CNY and representing the sixth consecutive month of positive growth.

Recently, 18 high-power traction locomotives were ready to be delivered at the CRRC Zhuzhou Locomotive Co., Ltd. "These catenary-battery locomotives are customized for Germany, mainly used for mainline railway traction and shunting operations in Europe. They will be delivered upon completion of debugging," said Hu Runwen, a designer from the company's locomotive system development department.

Hong Kong SAR, Germany, and Kazakhstan were the top three destinations for Hunan's rail transit equipment exports during the January-August period. Export values to these regions reached 220 million CNY, 120 million CNY, and 100 million CNY, rising by 184.9%, 64.8%, and 524.7% respectively compared to the same period last year. Exports to such countries as Singapore, India, and Spain also saw rapid growth, soaring 13.2 times, 310.7%, and 107.9%, respectively.

Changsha, Zhuzhou, and Xiangtan were the primary exporters. During the first eight months, the rail transit equipment exports of Zhuzhou grew by 56.2% to 860 million CNY, accounting for over 90% of the provincial total. Exports from Changsha and Xiangtan increased by 28.5% and 119.4% respectively.

Amid increasingly fierce international competition, Hunan enterprises are transforming their business orientation from equipment export to "vehicles + technology + services" integrated services. Recently, the Ministry of Transport of Malaysia announced that it will introduce 50 new trains over the next three years through a financial leasing arrangement with the CRRC Zhuzhou Locomotive. Such leasing model will innovate the export approach, helping Hunan enterprises expand business to more emerging markets and achieve win-win results.