--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Telephone and
Postal Codes


Hot Links
China Development Gateway
Chinese Embassies
Info
FedEx
China Post
China Air Express
Hospitals in China
Chinese Embassies
Foreign Embassies
Golfing China
China
Construction Bank
People's
Bank of China
Industrial and Commercial Bank of China
Travel Agencies
China Travel Service
China International Travel Service
Beijing Youth Travel Service
Links
China Tibet Tour
China Tours
China National Tourism Administration

China Aviation Company Signs Agreement with Airbus

The China Aviation Industry Corporation I (AVIC I) signed an industrial cooperation agreement with the European aircraft maker Airbus yesterday.

 

AVIC I and Airbus decided to establish a joint R&D center to conduct design work for the Airbus A350 program, according to the agreement signed at the Paris Air Show at Le Bourget in northern Paris. The center will be opened later this year in Beijing.

 

The two aircraft makers have a cooperation history of more than 20 years, in which AVIC I mainly undertakes sub-contract projects from Airbus.

 

The European aircraft maker has pledged to raise the value of projects conducted by AVIC I to US$60 million per year by 2007 and US$120 million per year by 2010.

 

Five Chinese companies are already suppliers of Airbus, namely the Chengdu Aircraft Corporation, Shenyang Aircraft Corporation, Xi'an Aircraft Company, Hong Yuan Aviation Forging and Casting Company and Guizhou Aviation Industrial Group.

 

The European Aeronautic Defense and Space company (EADS) owns 80 percent of the stake of Airbus, which is based in Toulouse, southern France. British BEA System holds the remaining 20 percent.

 

(Xinhua News Agency June 15, 2005)

 

 

Airbus: New A380 Will Be Delayed
U.S. Takes Airbus Dispute to WTO
Shenzhen Airlines Embraces First Airbus
Sichuan Airlines to Buy 8 Airbus Planes
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688