BEIJING – China has unveiled the prototype for a high-speed train named Maglev that can travel on speeds up to 620 kilometres per hour, according to state-run media.
The train runs on high-temperature superconducting (HTS) power that makes it look as if the 21-metre (69 feet) train is floating along the magnetised tracks.
University researchers constructed a track 165 meters long to demonstrate how the train would look and feel in transit, the Xinhua News reported.
Professor He Chuan of Southwest Jiaotong University who worked on the prototype told reporters that the train could be operational in 3-10 years.
He added: "Sichuan has rich rare earth resources, which is very beneficial to our construction of permanent magnet tracks, thus promoting the faster development of experiments."
China already has the world's largest high-speed rail network, which stretches over 37,000 kilometers, and the fastest commercially operating train; the Shanghai Maglev that has a top speed of 431 kph and links Shanghai Pudong Airport to Longyang Road in eastern Shanghai.
Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.
US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293.2 for buying and 296.2 for selling while British Pound hovers at 339.5 for buying, and 343 for selling.
UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.25.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293.2 | 296.2 |
UK Pound Sterling | GBP | 339.5 | 343 |
U.A.E Dirham | AED | 75 | 75.8 |
Saudi Riyal | SAR | 73.25 | 73.95 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.55 | 748.55 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.47 | 38.87 |
Danish Krone | DKK | 39.78 | 40.18 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.11 | 912.11 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.61 | 25.91 |
Omani Riyal | OMR | 723.2 | 731.2 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.47 | 307.97 |
Thai Bhat | THB | 7.56 | 7.71 |
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