China’s CRRC to invest USD476 million in R&D for maglev trains; unveils train for Xiamen Metro October 26, 2016 | Asia Pacific News China Railway Rolling Stock Corporation Limited (CRRC) has announced plans to invest up to USD476 million for research and development (R&D) of a magnetic levitation train (maglev train) with an o... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password