Singapore Airshow: Chinese officials make investment pitches in C919’s afterglow
- After China’s home-grown C919 passenger jet made its international debut, government officials are selling air show attendees on industry potential
- Representatives from local governments tout incentives, financing plans to boost domestic manufacturing and increase self-sufficiency
Officials from Langfang, a city in Hebei province near national capital Beijing, and Taicang of the eastern Jiangsu province, gave presentations at the international aviation event, pitching the advantages of China’s aviation sector to attendees.
Qian Lili, deputy director of Taicang’s investment promotion bureau, said that the global aviation industry is entering “a period of transformation” as a result of the coronavirus pandemic, geopolitical tensions and heightened demand for sustainable development. The city is home to some of the C919’s suppliers.
“Taicang focuses on the high-end, intelligent and green development [of aviation],” Qian said at the China-Singapore Bilateral Aviation Forum, adding that the government is offering a range of benefits to spur activity, including rent reimbursement for talented individuals in the workforce.
Aircraft engines, critical components, materials and airborne systems are all areas of interest for the city, Qian added.
“Taicang will try its best to optimise its business environment,” Qian said. “And [we will] make Taicang one of the best destinations for aerospace investment and development.”