The completion of the Beijing-Zhangjiakou line is expected to integrate development of Beijing, Tianjin and Hebei province.
The company is the aviation leasing arm of the State-owned China Development Bank Financial Leasing Co Ltd.
The company is leveraging its technology strengths to process coal gangue, the left solid waste in the process of coal mining. After processing, coal gangue can be turned into ultra-fine kaolinite, which can be used to make plastics, rubber, painting materials, pesticides, and many other products.
The company said it aims to contribute to the country's medical system reform, with a focus on improving community hospitals.
The company's international projects reflect the enthusiasm of Chinese state firms for opportunities under the B&R - a trade and infrastructure network that aims to connect Asia with Europe and Africa.
The company unveiled its first production-ready prototype vehicle, called HiPhi 1, in July, targeting the premium segment of the growing electric car market.
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The company is leasing more than 1 million square feet of office space in Bellevue across three buildings and is rumored to be looking for a lot more.
The company said it aims to enmesh more educational content with other brands such as Fisher-Price and Thomas & Friends, which are popular in China.
The company's executives said the technological breakthrough was made thanks to the painstaking efforts of researchers, engineers and workers.
The company will operate the railway and train staff for two years. It will undertake maintenance for 10 years and oversee integrated development of commercial land along the line.