‘China’s Silicon Valley’
watcher, told the Global
aviation champion’s ategy has increased its a market significantly, th and lead its competiis still under the cloud e war, and its dropping an indicator of the trade war by market participants.
As of late 2017, Airbus’ final assembly line in Tianjin had assembled and delivered 352 A320 aircraft.
Boeing plans to deliver its first 737 MAX assembled in Zhoushan, South China’s Zhejiang Province in December.
“Airbus’ market share in China has grown from 20 percent to 50 percent, broadly equal to Boeing, and its localization strategy has played a positive role,” Lin said.
In terms of localization, Airbus is leading the game with Boeing. From its assembly line in Tianjin to the ACIC, the company is enjoying win-win cooperation with China, Lin added.
Boeing’s 737 delivery center in Zhoushan just does decorative painting and test flights.
Airbus-established final assembly line in Tianjin is voluntarily transferring part of its technology to expand market, Qi said.
China needs about 8,575 aircraft worth
$1.2 trillion during the next two decades, the
Commercial Aircraft
Corp of China has estimated.
Experts said this is a big opportunity for Airbus and Boeing, as China’s domestically developed planes are still not in operation.
“The plane markets in China and around the world will still be dominated by Boeing and Airbus for a long time,” Qi said.
“For the global industry, free and fair trade is critical.
“China is a significant part of aviation champions’ global market business. The trade war is casting a cloud over the industry, but in the long term, manufacturers need to win the market with quality products.”
ket share in own ... and its trategy has ive role.”