Besides, Railways will also seek Chinese expertise in carrying out heavy haulage in dedicated freight corridors and developing stations.
"We signed a MoU with China for mutual cooperation in rail sector," said a senior Railway Ministry official, adding, "The agreement will remain in force for five years."
Chairman Railway Board Vinay Mittal and China's Vice- Minister of Railways Wang Zhigue signed the agreement. A MoU was signed with China on January 14, 2008 which has since expired.
Now an Infrastructure Working Group will be constituted under the India-China Strategic Economic Dialogue to work out details for the future cooperation in the rail sector, the official said.
Railways has identified seven routes for exploring possibilities of running high-speed trains known as bullet trains at a speed of about 300 km per hour.
Pre-feasibility study has been carried out for five corridors, said the official.
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Japan is also keen to provide its technology to Railways in high speed rail corridors.
Railways plans to take up the proposed Mumbai-Ahmedabad high-speed rail corridor on a priority basis as the government has given the in-principle clearance to the project. It is estimated to cost about Rs 60,000 cr to run train at 300 km per hour speed in the proposed corridor.