China, Russia to Jointly Develop New Civil Aircraft

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Last updated at: (Beijing Time) Thursday, April 18, 2002

China, Russia to Jointly Develop New Civil Aircraft

China and Russia on Wednesday signed an agreement on cooperation in developing a new generation of civil aircraft. Under the agreement, the two sides will work out a program of cooperation to be signed in six months. A joint commission has been set up to draft the program.

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China and Russia on Wednesday (April 17) signed an agreement on cooperation in developing a new generation of civil aircraft.

This is the first such agreement between the Chinese Committee on Defense Science, Equipment and Defense Industry and the Russian Aircraft and Space Agency, or Rosaviakosmos, over the last 10 years.

Under the agreement, the two sides will work out a program of cooperation to be signed in six months. A joint commission has been set up to draft the program.

Four working groups will implement the program. Each will deal with a specific area: aircraft, engines, equipment and avionics, materials.

The agreement will allow China to participate, jointly with Russia, in the development of a new generation of civil aircraft, said a top Rosaviakosmos official.

The agreement was signed at the Dvigateli-2002 (Engines-2002) International Exhibition, which opened in Moscow on Tuesday.

Civil Aircraft Market to Be Expanded

China's civil aircraft market will witness a big boom according to a latest forecast on China's aviation market development in the coming 20 years provided by China Aviation Industry Corporation.

The report said that with the rapid development of China's tourism industry, China's impending entry to the World Trade Organization, the holding of 2008 Olympics games, the strategy for western development and the regrouping of domestic airlines will all benefit China's air transportation market. As predicted from 2001 to 2020, the average growth rate for China's passenger transportation will reach 8.3 percent, higher than the average growth rate of the world air transportation over the same period and China will be the most potential market in the world. >>details

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