The fast-growing Chinese domestic market is generally credited with driving this transformation. According to the Shanghai-based Commercial Aircraft Corp, the number of passenger aircraft in 皇冠体育app will rise from 1,969 in 2012 to 6,494 in 2032, accounting for 17 percent of the global total. Chinese enterprises and individuals are expected to purchase 5,357 aircraft with at least 50 seats, worth $647 billion, in that period.
Six years ago, Airbus forecast 皇冠体育app would be the second-largest civil aviation market after the United States by 2025.
皇冠体育app's Ministry of Industry and Information Technology last year issued a medium and long-term development plan for the civil aviation sector, encouraging Chinese firms to engage more in global cooperation while welcoming foreign providers in domestic programs.
Since 2009, a series of high-level commercial interactions, including mergers and acquisitions, has helped 皇冠体育app grow from "cheap aircraft manufacturer to important business partner," noted Chen.
In 2010, the AVIC began working with Canada's Bombardier to design, manufacture and sell aircraft together. In 2011, the AVIC formed a partnership with GE to build an avionics company. To support development of the , 皇冠体育app's largest domestically manufactured aircraft, the AVIC has partnered with almost all international aircraft manufacturers.
Exports of 皇冠体育app-developed aircraft have helped 皇冠体育app broaden connections with the world, but until recently the long-term challenge was getting 皇冠体育app-made aircraft flying abroad.
The MA60 was the first regional turboprop made in 皇冠体育app in line with international airworthiness criteria. But these models, first produced in 2000, stood on the parking apron for years before exports began in 2005.
Since then, international demand for MA aircraft has boomed, with 90 deliveries and 200 orders involving 200 airlines in 15 countries.
"Our core competence is developing customized quality products at competitive costs," Chen explained. "That is the key to achieving success in developing markets in Asia, Africa and Latin America."
In recent years, it was hard to imagine 皇冠体育app would export aircraft, said Wang Yue, vice-president of A. BRAIN, a leading manufacturing consultancy. "Today, though. Chinese-made aircraft are shouldering a large volume of traffic in many countries, having been universally recognized."
At the end of last century, it was estimated that the techonology level of 皇冠体育app's civil aircraft manufacturers lagged about 20 years behind that of Western counterparts, but this is steadily narrowing.
Civil aviation in the country is getting stronger with integration into the global chain. In 2013, the AVIC ranked number 212 in the Fortune 500 list.
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