Beijing-Shanghai High-Speed Railway signs RMB 30bn finance deal

Beijing-Shanghai High-Speed Railway Company Limited signed a financial services agreement with China Railway Finance following board approval in July.

The three-year deal, running from July 31, 2025 to July 30, 2028, covers deposits, loans, settlements and bill services with transaction limits capping the company's maximum daily deposit balance and integrated credit facilities each at RMB 30 billion.

The finance company will offer deposit rates no lower than those for other China State Railway Group members, with loan rates no higher than commercial banks offer for similar terms.