Related News
China to launch major aircraft engine project
Source: Xinhua |
February 28, 2013, Thursday
|
Online Edition
Online Edition
THE State Council, China's cabinet, is currently deliberating a major aircraft engine research and development project, sources revealed today.
The project will require an investment of at least 100 billion yuan (about US$15.93 billion), a professor at the Beijing University of Aeronautics and Astronautics (BUAA) with knowledge of the project told Xinhua on condition of anonymity.
The investment would be used mainly for research on technology, designs and materials related to aircraft engine manufacturing, the professor said.
The project is currently going through approval procedures in the State Council, and it may be approved shortly, the professor said.
Participants in the project include Shenyang Liming Aero-Engine Group Corp., AVIC Xi'an Aero-Engine (Group) Ltd. and research institutes, including the BUAA, he said.
"At present, China's aircraft engine design and manufacturing have weak links in terms of materials, key parts, manufacturing equipment, processing precision and measurements," according to another source with the BUAA who is also involved in the project.
Although the country is capable of producing aircraft engines, product performance is inadequate and mass production cannot be realized, the second source with the BUAA said.
Guangda Securities, a brokerage firm in China, said yesterday in a report that the country will need around 3,000 aircraft between now and 2026. This will create demand for some 6,500 aircraft engines worth US$65 billion.
The project will require an investment of at least 100 billion yuan (about US$15.93 billion), a professor at the Beijing University of Aeronautics and Astronautics (BUAA) with knowledge of the project told Xinhua on condition of anonymity.
The investment would be used mainly for research on technology, designs and materials related to aircraft engine manufacturing, the professor said.
The project is currently going through approval procedures in the State Council, and it may be approved shortly, the professor said.
Participants in the project include Shenyang Liming Aero-Engine Group Corp., AVIC Xi'an Aero-Engine (Group) Ltd. and research institutes, including the BUAA, he said.
"At present, China's aircraft engine design and manufacturing have weak links in terms of materials, key parts, manufacturing equipment, processing precision and measurements," according to another source with the BUAA who is also involved in the project.
Although the country is capable of producing aircraft engines, product performance is inadequate and mass production cannot be realized, the second source with the BUAA said.
Guangda Securities, a brokerage firm in China, said yesterday in a report that the country will need around 3,000 aircraft between now and 2026. This will create demand for some 6,500 aircraft engines worth US$65 billion.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
