Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Airbus to work closer with China's aviation industry
Adjust font size:

Airbus will expand and deepen its cooperation with the Chinese aviation industry, said Laurence Barron, president of Airbus China, on Saturday.

Laurence made the remarks at the Beijing International Aviation Expo that concludes on Saturday. He said, "Airbus is carrying out further cooperation with Chinese aircraft enterprises in many aspects, including R&D, installation and purchase of raw materials and spare parts."

Airbus expects the value of its joint-venture projects in China to reach 200 million U.S. dollars in 2010 and 450 million U.S. dollars in 2015, Laurence said.

In 2008, Airbus purchased 105 million U.S. dollars worth of products in China and the trend is growing. More than half of the 5,800 Airbus planes serving in the world are installed with parts made by Chinese manufacturers, Laurence said.

He added that Airbus has been optimizing its A320 series to cope with the intensifying competition, especially the challenges to be brought up by China's self-developed passenger plane.

Commercial Aircraft Corp. of China plans to put its 168-seat C919 passenger plane into market in 2016.

As a pioneer in the cooperation between Sino-EU aircraft industries, Airbus is in partnership with AVIC Harbin Aircraft Industry Co. Ltd. and AVIC Xi'an Aircraft Industry Co. Ltd. and has a general assembly plant in north China's Tianjin City.

(Xinhua News Agency September 26, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?