Aviation Industry Corporation of China will invest 3.3 billion yuan ($483.9 million) to develop new energy enterprises in China’s northeast, the company said Monday.
The State-owned company said it would build wind power stations of 200,000 kilowatts (kW), natural gas power stations of 100,000 kW and solar power stations of 40,000 kW installed capacity in the [...]
The central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.
Tags: AVIC, CAAM, car-maker, China Auto, policy
Profits of the Aviation Industry Corporation of China (AVIC), the country’s top aircraft manufacturer, reached 9.7 billion yuan ($1.4 billion) in 2009, up 32.2 percent year-on-year, the company said on Wednesday.
Business revenue hit 191 billion yuan, up 14.4 percent, the aircraft conglomerate said at an annual summit of the company on Wednesday.
Tags: Aviation, AVIC
Yesterday’s ground breaking of an aircraft engine R&D center in Shanghai may help the city in its bid to become the nation’s aircraft-manufacturing hub.
The ceremony, located in the city’s Minhang district, was held by AVIC Commercial Aircraft Engine Company Co (ACAE), a joint venture with the Aviation Industry Corp of China (AVIC).
Tags: aircraft, Aviation, AVIC, [...]
China will deliver eight domestically designed private business aircraft to Laos next year, in its latest effort to find a niche in the international aviation market.
The Xiaoying 500, or “Eaglet 500,” passed dynamic tests of seat and restraint systems Monday, indicating the first China-made light aircraft had met international standards and was ready for export, [...]
The acquisition of the automotive assets of Aviation Industry Corp of China (AVIC) by Chang’an Automotive Group earlier this month is a significant development in China’s automotive industry.
The move creates the third-largest automotive conglomerate in China with capacity of more than 2 million units, strengthens the number-two player in the light commercial vehicle segment and [...]
