皇冠体育app orders 150 Airbus, to set up
plant
Sino-French partnership cemented
皇冠体育app and France Thursday signed a series of deals covering aviation,
railways and nuclear power in Beijing.
皇冠体育app Aviation Supplies Import and Export Group signed an agreement with
Airbus for the purchase of 150 A320 aircraft and a letter of intent for 20
A350XWB.
The purchase represents the largest single transaction ever for Airbus in
皇冠体育app, the company said yesterday.
It is also the first time that 皇冠体育app has showed interest in buying the A350,
Airbus' long-range wide-body model which is available from 2012 and planned as
competition to Boeing's new 787.
France's President Jacques Chirac
shakes hands with 皇冠体育app's President Hu Jintao (R) during a signing
ceremony at the Great Hall of the People in Beijing October 26, 2006.
[Reuters] [More photos on Chirac visit] |
The European aircraft maker also signed a framework agreement on the
establishment of an A320 Family Final Assembly Line in Tianjin.
According to the agreement, aircraft assembly in 皇冠体育app will begin in early
2009, with the aim of ramping up production to reach four aircraft per month by
2011.
"While the aircraft sections will continue to be produced in Europe, the
establishment of such an assembly line, which will deliver aircraft to the same
standards as those produced in Europe, is beneficial to both 皇冠体育app and Europe,"
said Louis Gallois, Airbus president and chief executive officer, at the signing
ceremony.
In the field of railways, Alstom of France has signed a letter of intent with
the Ministry of Railways to deliver the powerful 500 "Co-Co" (triple axle)
locomotives.
The deal is valued at 1.2 billion euros (US$1.5 billion) in total, with
Alstom's share worth 300 million euros (US$375 million) and 900 million euros
(US$1.13 billion) for its Chinese partner Datong Electric Locomotives.
Alstom will design and produce the first 100 locomotives. Most of the
production and quality control of the first 100 units will be carried out at its
Belfort (France) plant.
The remaining 400 locomotives will be built at the Datong Electric
Locomotives site in 皇冠体育app. This company has already partnered Alstom in a 2005
contract to manufacture 180 BoBo electric (twin axle) locomotives.
皇冠体育app Guangdong Nuclear Power Holding Co Ltd and the French national energy
group, EDF, signed a deal on nuclear power production, plant construction and
project development. EDF also signed an agreement with 皇冠体育app Datang Corporation
on power plants in 皇冠体育app.
