Unlike the European car industry, the European rail industry is not far behind Japan.

与欧洲的汽车行业不同，欧洲的铁路行业与日本相差无几。

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But, unlike the European car industry, the European rail industry is not far behind Japan.

不过，在欧洲，与汽车工业不同的是，铁路业并未落后日本多少。

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Even Japan's second biggest retail chain, Aeon, rail companies and the nation's biggest farmers association, Japan Agriculture are getting into the business, he notes.

他指出，甚至连日本第二大连锁零售企业永旺集团、铁路公司和日本最大的农民协会“日本农业”都在涉足这一行业。

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"Based on our company's 45 years of experience with high-speed rail in Japan, bringing high-speed rail to the United States will translate into jobs, " said Mike Finnegan, an executive with US-Japan High Speed Rail and US-Japan Maglev.

CNN: Is the U.S. turning a corner on high-speed rail?

In Japan, rail's share of freight has dropped from 50% in 1955 to less than 5%.

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The decision is a signal that China is slowing its ambitious high-speed rail program, which has put the country in the same league as Japan and Europe in terms of high-speed rail development, government run newspaper China Daily reported on Thursday.

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