China's Aviation Industry 中国航空工业│飞机制造业

[VECTROTALENZIS]

China will be developed by 2030 - 2040.
The growth doesn't have to come from aircraft making. Other industries works too. But I think it would be good if China could create a rival to Boeing and Airbus.

[everywhere]

Originally Posted by Phuket

If China cannot be a powerful civilian aircraft maker in 2030, it won't become a developed country in 2060.

I agree with Vectrotalenzis. It's not enough to have a specific industry of specialization for a country to achieve a developed nation status. One has to diversify into other industries to achieve such goals.

[7freedom7]

Chongqing firm buys Enstrom
2013-01-06 16:31:46

CHONGQING (CQNEWS) -- The closing ceremony of acquisition of Enstrom Helicopter Corporation by Chongqing Helicopter Investment Co., Ltd. (CQHIC) was held in Lansing, capital of Michigan, on the morning of January 4, 2013 of American time, according to CQHIC.

The finish of this ceremony indicates that CQHIC is officially in charge of the 54-year-old Enstrom. CQHIC thus enters the American market which boasts the most developed general aviation industry, becoming the first Chongqing firm capable of complete helicopter manufacturing. CQHIC is also the first aviation firm in China to successfully purchase a famous complete helicopter manufacturing company from developed countries in Europe and America.

Enstrom Helicopter Corporation, born in 1959 in America, is a famous helicopter manufacturer committed to the design & production of light helicopter and research & development of helicopters with piston engine and turbine engine. It mainly targets at civilian market and government market. The sales network of Enstrom covers over 30 countries worldwide.

[little universe]

From Reuters

China nears approval of $16 billion domestic jet-engine plan: Xinhua
SHANGHAI | Thu Feb 28, 2013 3:24am EST

(Reuters) - China's cabinet may soon approve an aircraft engine development program that will require investment of at least 100 billion yuan ($16 billion), state-run Xinhua news agency quoted unidentified industry sources as saying.




China is determined to reduce its dependency on foreign companies like Boeing Co (BA.N), EADS-owned Airbus (EAD.PA), General Electric Co (GE.N) and Rolls Royce Plc (RR.L) for the country's soaring demand for planes and engines.

So far the domestic aerospace industry has failed to build a reliable, high-performance jet engine to end its dependence on Russian and Western makers for equipping its military and commercial aircraft.

Xinhua on Thursday quoted an unidentified professor at the Beijing University of Aeronautics and Astronautics (BUAA) with knowledge of the project as saying the investment would be used mainly for research on technology, designs and materials related to aircraft engine manufacturing.

The project was going through approval procedures in the State Council and may be approved shortly, the professor was quoted as saying.

Participants in the project include Shenyang Liming Aero-Engine Group Corp, AVIC Xi'an Aero-Engine (Group) Ltd (600893.SS) and research institutes including the BUAA, Xinhua reported.

Aviation Industry Corporation of China (AVIC), the country's dominant military and commercial aviation contractor, had lobbied the government to back a multi-billion dollar plan to build a high-performance jet engine.

China's military and aerospace industries have suffered from bans on the sale of military equipment imposed by Western governments after the Tiananmen Square crackdown and foreign engine-makers are reluctant to transfer costly technology.

Some Chinese aviation industry specialists forecast Beijing will eventually spend up to 300 billion yuan ($49 billion) on jet-engine development over the next two decades.

($1 = 6.2273 Chinese yuan)

(Reporting by John Ruwitch; Editing by Matt Driskill)