China''s aviation giant cooperates with B&R ries in 179 projects
2019-03-15 13:18:25 xfafinance.com
The Aviation Industry Corporation of China (AVIC) is involved in 179 projects with Belt and Road ries.
BEIJING, March 12 (Xinhua) -- The Aviation Industry Corporation of China (AVIC) is involved in 179 projects with Belt and Road countries, targeting to boost their air connectivity, according to the state-owned aviation giant Monday.
The projects, worth around 29 billion U.S. dollars, focus on air connectivity and emergency safety, AVIC said.
Cooperation areas between AVIC and its Belt and Road partners include trade of aviation products, related infrastructure construction, and airline network construction and operation.
Major fields of cooperation include: civil aircraft development and sales, services and infrastructure construction, general aviation operation and services, capital operation, and security products and services.
More Belt and Road countries are embracing Chinese aircraft, such as the MA60 series turboprop airplanes, LE500 and Y-12 series general planes and Y-8 transport aircraft.