California wants Chinese technology and capital to construct the United States' first high-speed rail system.
We look to China to build our high-speed rail, to be part of the bidding process that we are going to go through," the state governor, Arnold Schwarzenegger, said on a visit to Shanghai this month.
Acceleration of the industrial upgrading that puts China to compete for the Californian contract will be a centerpiece of the Chinese five-year plan for 2011-2016, which is now being established. Source: Alan Wheatley, New York Times, Sep 27, 2010).