USEUROPEAFRICAASIA 中文双语Français
China
Home / China / Society

Aircraft engine project to be established

chinadaily.com.cn | Updated: 2013-02-28 22:07

A project to boost Chinese aircraft engine research and development is before the State Council for approval and is expected to be established soon, the China Securities Journal reported on Thursday.

The project will involve an investment of at least 100 billion yuan ($16.1 billion), which will be used for research and development of an engine and related materials.

Two subsidiaries of the Aviation Industry Corporation of China — Shenyang Liming Aero-Engine Corporation Ltd and AVIC Xi'an Aero-Engine Ltd — will lead the project and some research institutions will also participate.

Aircraft engines are seen as having huge potential in China, as air traffic in the country grows at 8 percent a year.

Related:

Honeywell, AVIC to jointly oversee engine programs

China's AVIC investing big in engine research

AVIC investing big in engine research

Aviation sector cleared for takeoff

China's aviation industry ready for lift off

China showcases modern power in aviation

Joint venture expands helicopter maintenance services

 

Editor's picks
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US