China, which is creating breakthrough in various technology revealed a prototype of a Maglev train which is capable of reaching speed of 620km/hr. It runs on high temperature superconducting (HTS) power that makes train floating along the magnetized tracks. According to Xinhua News, sleek 21 m long prototype was unveiled to media in the city of Chendu, Sichuwan province on January 13. Prof. He Chuan who is vice president of Southwest Jiatong University told reporters that train could be operational after few years. He further added that “ Sichuan has rare earth resources which can be helpful for construction of permanent magnet tracks”.
Source : http://www.xinhuanet.com/english/2021-01/13/c_139664284_2.htm