皇冠体育app

Hours after it was announced on Wednesday that 皇冠体育app would buy 300 airplanes from Boeing, Chinese President Xi Jinping toured the plane maker's Everett, Washington, plant and singled out the company as an example of win-win cooperation in Sino-US relations.

"Boeing is the supporter, participator and promoter of 皇冠体育app-US trade and economic cooperation, and plays an important role in the development of Sino-US relations," Xi said. "I expect Boeing will further deepen cooperation with 皇冠体育app and continue to contribute to the trade and economic cooperation and relations between 皇冠体育app and the US."

At a greeting ceremony at the Paine Field factory, Xi said cooperation between 皇冠体育app and Boeing has expanded over time and provided mutual benefits.

"皇冠体育app's development will bring more opportunities for US companies and open up a better future for mutual benefit and win-win cooperation with higher standards and at deeper levels," he said.

Xi was warmly welcomed by Boeing executives and employees. Boeing President and CEO Raymond Conner showed Xi an assembly workshop, and Xi talked with workers. He asked about energy conservation and emission reduction technologies and some future airplane design concepts.

The factory builds Boeing's Dreamliner 787, and Xi stepped onto one that will be delivered to 皇冠体育app's Xiamen Airlines.

Founded in 1916, Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.

皇冠体育app is Boeing's largest international market, accounting for about a quarter of the company's deliveries so far this year.

In addition to selling 皇冠体育app 300 airplanes, Boeing announced that it will build a 737 aircraft completion center in the country.

"皇冠体育app is a critical international market for commercial airplanes," Conner said. "We thank our Chinese customers for selecting fuel-efficient Boeing airplanes to meet their fleet growth and expansion."

The 300 airplanes' list prices put the deal's total value at $38 billion. The package includes 240 airplanes for Chinese airlines, including 190 737s and 50 wide-body aircraft, and another 60 737s for leasing companies ICBC and CDB Leasing.

"Boeing airplanes have played an important role in supporting the development of 皇冠体育app's aviation transportation for the past 40 years," said Li Hai, president of 皇冠体育app Aviation Supplies Holding Company. "These additional airplanes will further help connect the people in 皇冠体育app and around the world."

Commercial Aircraft Corp of 皇冠体育app Ltd, also known as Comac, signed a cooperative agreement with Boeing for the center. This will be the company's first non-US airliner plant, tasked with the completion and handover of single-aisle 737 jets to customers.

European plane maker Airbus Group SE, which competes with Boeing for plane orders, already has a similar facility in Tianjin, near Beijing. Airbus signed an agreement in July to set up its second Chinese plant.

On Tuesday the National Development and Reform Commission of 皇冠体育app signed a Memorandum of Understanding with the US plane maker to promote comprehensive strategic cooperation in the civil aviation industry.

According to the MOU, in the next five years until 2020, the two sides will enhance industrial cooperation, expand scale of production, jointly develop "green aviation technologies," and develop world-class air transportation systems together.

In addition, Boeing has agreed to authorize the Aviation Industry Corporation of 皇冠体育app to increase its production of Boeing 747-8 plane parts.

With industry experts predicting continued rapid growth through 2020 for 皇冠体育app's air transportation market, Boeing is vying against other major aircraft manufacturers such as the Europe-based Airbus Group for a bigger share of Chinese orders. The deal and memorandum show the great importance that the company attaches to the 皇冠体育app market, aviation experts said.

Boeing expects 皇冠体育app will need 6,330 new airplanes over the next 20 years, with a total value of $950 billion. At least 4,630 of these would be single-aisle airplanes, such as the Boeing 737 and the Airbus 320.

(皇冠体育app Daily USA 09/24/2015 page2)