CRRC Corporation Limited (CRRC), China's major rolling stock manufacturer, is currently immersed in the research and development of new high-speed rail safety technology; once the research comes to fruition, rail safety accidents will decrease by 50 percent, according to Zhuzhou CRRC Times Electric Co., Ltd., a firm affiliated with CRRC's research institute.

Currently, several thousand sensors are installed along high-speed railways across the country. In order to access more data in the future, that number should increase by one-third or even half, said Yang Weifeng, deputy director of the Electric Rail Transit Technology Center of Zhuzhou CRRC Times Electric Co., Ltd.

CRRC previously announced two other projects - a 600km/hr high-speed maglev train and a 400km/hr transnational high-speed train.