Guests attend a launch ceremony of Molinari Rail Systems GmbH in Dessau, Germany, on Nov. 1, 2016. Molinari Rail Systems GmbH, a Sino-Swiss joint venture in railway system, acquired the insolvent German enterprise Fahrzeugtechinik Dessau (FTD) based in the German city of Dessau near Berlin. (Xinhua/Shan Yuqi)