BEIJING, May 26 (AFP) - China's first high-speed train which can reach speeds of up to 200 kilometres (120 miles) per hour rolled off the production line Wednesday, state media reported. The train, produced in Changsa in central Hunan province, has taken two years to research and design and will run on the Guangzhou to Shanghai semi-express route, the Xinhua news agency said. China is also planning to build trains capable of reaching speeds of up to 250 kilometres (155 miles) an hour early in the next century, Xinhua added. A high-speed train line between Beijing and Shanghai is also planned, but so far no date has been given for the go-ahead of the project. The 1,310-kilometer (810-mile) project is expected to transport passengers between China's two largest cities at 350 kilometres (217 miles) an hour, and will cost an estimated 12 billion dollars. Japan is hoping to introduce its Shinkansen high-speed train but is expected to meet stiff competition for the project from an alliance between the Anglo-French company Alstom (TGV) and Germany's Siemens (ICE). Japanese press reports earlier in the year said the project had been set back to 2006.  