C919 production to ‘greatly improve’ as Shanghai eyes R&D, industrial chain uplift
- Shanghai is seeking to usher in a boom in aircraft manufacturing and development with a raft of fresh policies to support production of China’s C919
Shanghai has unveiled a raft of fresh policies, including engine research and development support and allowances of up to 100 million yuan (US$13.8 million), to help expand the production capacity of China’s home-grown C919 narrowbody passenger jet.
The policies released last week would “greatly improve” production capacity within two years, with Shanghai also set to invest heavily in local industrial chains.
The document released on the municipal government’s website, though, did not provide a target.
Shanghai also vowed in the document to form a world-leading industrial chain comprising 60 key enterprises by the end of 2026, with investment exceeding 70 billion yuan (US$9.7 billion).
The scale of the aircraft industry would reach 80 billion yuan by 2026, it added.