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Boeing to Buy US$1.3b Aircraft Materials in China

Boeing has bought aircraft materials worth US$500 million so far in China and plans to expand this purchase volume to US$1.3 billion by 2010, the company's senior official announced recently.

Alan Mulally, chief executive of Boeing Commercial Airplanes, considered the growth an outcome of the win-win cooperation between China and Boeing.

According to Mulally, China would participate in the manufacturing of Boeing 7E7s, a fresh new commercial jetliner being promoted by the company.

He expressed the hope that China would further step up cooperation with Boeing and buy the new type of mid-sized 7E7 before the summer of 2008 to better serve the transport for Beijing's Olympic Games.

 

(Xinhua News Agency July 20, 2004)

 

Boeing Deal Marks First for Chinese Companies
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