Shanghai Maglev Train

The Shanghai Maglev Train or Shanghai Transrapid (Chinese: 上海磁浮示范运营线) is a magnetic levitation train, or maglev line that operates in Shanghai, China. The line was the third commercially operated magnetic levitation line to open in history. It is the fastest commercial high-speed electric train in the world. The train line was designed to connect Shanghai Pudong International Airport and the outskirts of central Pudong where passengers could interchange to the Shanghai Metro to continue their trip to the city center. It cost $1.2 billion to build. The line's balance of payments has been in huge deficit since its opening. From 2004 to 2006, Shanghai Maglev Transportation Development Co.,Ltd, the company runs the line, had more than 1 billion RMB in losses. The line is not a part of the Shanghai Metro network, which operates its own service to Pudong Airport from central Shanghai and from Longyang Road Station.