China's aviation industries have begun construction of a
high-tech industrial park featuring space and aviation technology
in Chengdu, capital of southwest China's Sichuan
province.?
The industrial park and the surrounding area would be a major
research and development center and production base of military and
civil aircraft, said Hu Wenming, vice president of China's Aviation
Industry Corporation I (AVIC I), a founder of the park.
Managed by a joint venture company with a registered capital of
230 million yuan (30 million U.S. dollars), the park is expected to
attract big state-owned enterprises and private companies in the
aviation sector.
"The building of the park is a milestone in China's aviation
industry, showing it has moved forward from technological research
to industrial production," said Lin Zuoming, president of AVIC
I.
(Xinhua News Agency August 21, 2007)
