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BIZCHINA / Biz Media Digest
Aviation:?Industrial park inaugurated
(People's Daily Online)
Updated: 2007-08-21 15:52
China's aviation industries have begun construction of a high-tech
industrial park featuring space and aviation technology in Chengdu,
capital of Southwest China's Sichuan Province.
The industrial park and the surrounding area would be a major research
and development center and production base of military and civil
aircraft, said Hu Wenming, vice president of China's Aviation Industry
Corporation I (AVIC I), a founder of the park.
Managed by a joint venture company with a registered capital of 230
million yuan (US$30 million), the park is expected to attract big
State-owned enterprises and private companies in the aviation sector.
"The building of the park is a milestone in China's aviation industry,
showing it has moved forward from technological research to industrial
production," said Lin Zuoming, president of AVIC I.
(For more biz stories, please visit Industry Updates)
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