China signs deal for 50 Airbus planes

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China and Germany inked a procurement deal for 50 Airbus A320 planes Thursday after the second round of Chinese-German intergovernmental consultations co-chaired by Chinese Premier Wen Jiabao and German Chancellor Angela Merkel.

Chinese Premier Wen Jiabao (R) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. [Xinhua]

The signing ceremony was attended by the two leaders, after they held talks at the Great Hall of the People in the morning.

China's ICBC Leasing and Airbus signed the procurement deal for 50 Airbus A320 planes with a worth of 3.5 billion U.S. dollars.

The two countries also signed more than 10 other cooperative documents, including an agreement about Airbus plane assembling in China. The documents range from aviation, automobile, communication, energy, environment, health to maritime cooperation.

Merkel arrived in Beijing Thursday morning, kicking off a two-day official visit to China at the invitation of Chinese Premier Wen Jiabao.

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