China to make building large aircraft a priority (Reuters) Updated: 2006-01-06 15:32 Industry officials last year urged the central
government to approve the building of such planes before the country's demand
for them peaked over the next two decades.
"If China does not roll out its own trunk-liner by 2020, then the country
will not succeed in 2030 or 2040 so it is really a rush," Liu Daxiang, a senior
official with the state-owned China Aviation Industry Corporation I, said last
June.
With 120 million people traveling by air in 2004, China is now the third
biggest aviation market in the world after the United States and Europe.
The 150-200 seat aircraft fits China's economic and geographic criteria,
previous state press reports have said.
Such aircraft would be ideal to fly between each of the key economic
powerhouses -- the Bohai region in the northeast, the Yangtze Delta surrounding
Shanghai in the east and the Pearl River Delta, home to Guangzhou and Hong Kong
-- which are more than 1,000 kilometers (625 miles) apart, the reports said.
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