The merger has created a giant with an annual revenue greater than Siemens, Alstom and Bombardier combined, and a 30 percent share of the global rail market.
CRRC had set its sights on international markets to promote "High-End Made in China" products. "We've ventured out into the foreign markets, successfully innovated our business model, and gained a foothold in the U.S. market, where CRRC has become China's 'golden business card," said CRRC President Liu Hualong. In 2016, Cheng Dayong, General Manager for International Business at CRRC, set a target to expand CRRC’s international business to one-third of its total revenue by 2025. While the growth forecast for China’s domestic rail market is negative until 2022, the overseas market is expected to grow by 3.5 percent annually.