In the equipment manufacturing industry, the development of High-speed Rail symbolized the top level of one nation’s equipment manufacturing. Since 2013, Premier Li Keqiang started to promote China’s High-speed Rails to nations in the world. His confidence came from the three advantages of China’s High-speed Rails—advanced technology and safety guarantee; reasonable price which is highly cost-effective; and rich operation experience.

Under the continuous propaganda of “Gao Tie Wai Jiao (High-speed Railway Diplomacy)”, globally there are several countries negotiating to introduce the high-speed railway technology from China or cooperate to develop relative technology with China. In the background of the recovery of global economy, investment of capital construction in the High-speed Rail Industry is expected to be the crucial part of economic growth for every nation. By far, the High-speed Rail projects known within the scope of the whole world have exceeded a total length of 50 million km, annually the investment reaching to over 1000 Billion CNY.

Within a long period of time in the future, High-speed Rail Construction will be a huge project, which carries a huge influence on changing the international stereotype that China exports low-end products. Such a project would as well enlarge the development margin of supporting industry to High-speed Rails, in particular, the rail fasteners.