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World's top aircraft manufacturers clamour for China's aviation market
AIRCRAFT manufacturers from Boeing and Airbus to Bombardier and Embraer are going to great lengths to impress China.
They are promoting new models such as the Airbus A350 and Boeing 787, offering big discounts and promising to help the development of China's aviation industry.
London's Financial Times reports that while Beijing's mission to build its own airliners has gathered pace, western executives at the biennial show in Guangdong do not expect a local competitor soon.
Boeing predicts China will spend US$1 trillion on 6,800 passenger aircraft during the next 20 years as air travel in the world's most populous nation grows by an average of 6.4 per cent per year, outpacing the global average of 4.8 per cent.
China's first domestically produced passenger jet entered service this year.
They are promoting new models such as the Airbus A350 and Boeing 787, offering big discounts and promising to help the development of China's aviation industry.
London's Financial Times reports that while Beijing's mission to build its own airliners has gathered pace, western executives at the biennial show in Guangdong do not expect a local competitor soon.
Boeing predicts China will spend US$1 trillion on 6,800 passenger aircraft during the next 20 years as air travel in the world's most populous nation grows by an average of 6.4 per cent per year, outpacing the global average of 4.8 per cent.
China's first domestically produced passenger jet entered service this year.
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