Beijing, Jul 20: China on Tuesday rolled out a high-speed maglev train with a designed top speed of 600 kms per hour, stated to be the world's fastest ground vehicle, according to the official media.

The new maglev transportation system made its public debut in the coastal city of Qingdao, China's east Shandong province, state-run Xinhua news agency reported.

Launched in October 2016, the high-speed maglev train project saw the development of a magnetic-levitation train prototype with a designed top speed of 600 kms per hour in 2019, and conducted a successful test run in June 2020, the report said.

The train can travel with two to 10 carriages, each holding more than 100 passengers, according to Ding Sansan, chief engineer of the project.

The train provides the best solution for trips within the range of 1,500 kms, Ding said, adding it fills the speed gap between aviation and high-speed trains.

Compared with traditional vehicles running on wheels, high-speed maglev trains do not have contact with rail tracks. They have advantages in terms of efficiency and speed, and produce very little noise, said He Yunfeng, who is with CRRC Zhuzhou Electric Corporation Limited.

"They can start and stop quickly, and are safe, he added.

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Dubai: A delegation from The Institute of Chartered Accountants of India (ICAI Dubai Chapter) recently visited the reputed NRI Businessman and founding member of the ICAI Dubai Chapter, SM Syed Khalil, at his residence in Dubai to extend their felicitations.

Led by Rajesh Kumar Somani, Chairman of the ICAI Dubai Chapter, the delegation included Secretary Rishi Chawla, Treasurer Dheeraj Ranasaria, and Executive Member Aashna Mulgaonkar.

During the visit, the delegation commended SM Syed Khalil for his dedicated service to the ICAI Dubai Chapter, where he served as Chairman for two terms between 1987 and 1994. They also acknowledged his ongoing guidance and support to the chapter's office bearers since its inception.

As a token of appreciation, the delegation presented SM Syed Khalil with a memento and expressed their gratitude for his continued support and mentorship in the future.

SM Syed Khalil, a distinguished chartered accountant, has contributed significantly to the UAE's business landscape, notably with the Galadari family for nearly three decades when he first joined as general manager of the Khaleej Times daily newspaper. His tenure includes serving as the Group Executive Director of Ilyas and Mustafa Galadari (IMG) Group from 2002 to 2011 and currently holding the position of Founding Chairman of K&K Enterprise, a general trading company based in Sharjah.

Prior to his UAE endeavors, Khalil held prominent roles with Mahindra Ugine Steel in India and served as Vice-Chairman of the Jashanmal Group of Companies. He also serves as the Chairman of Maadhyama Communications Ltd., and Chairman of news channel Sahil Online.

Additionally, he has established various media companies and charitable foundations in Dubai and India, demonstrating his commitment to philanthropy.