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Business/Finance
See other Business/Finance Articles

Title: Boeing's first overseas factory to be built in China's Zhoushan
Source: [None]
URL Source: http://en.people.cn/n3/2017/0313/c90000-9189755.html
Published: Mar 13, 2017
Author: staff
Post Date: 2017-03-13 04:42:35 by Tatarewicz
Keywords: None
Views: 1112
Comments: 8

HANGZHOU, March 13 (Xinhua) -- Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Ltd.(COMAC) will start to build a Boeing 737 completion center in eastern China's Zhoushan city at the end of March, scheduled to make its first delivery in 2018.

This is Boeing's first overseas facility as part of its 737 production system, and designed to deliver 100 Boeing 737 planes a year.

In the joint-venture completion center, Boeing's 737 aircraft will be installed with flight entertainment systems and seats. The plant in Zhoushan, 287 km southeast of Shanghai, also provides services such as coating, repair and maintenance of Boeing aircraft.

Boeing and COMAC signed an agreement in October 2016 to set up the Zhoushan plant, which will consist of two parts: the 737 completion center, a joint venture of Boeing and COMAC, and the 737 delivery center owned by Boeing.

Construction of the delivery center will also start at the end of March.

To accommodate aircraft manufacturing in Zhoushan, Putuoshan Airport in the city is undergoing a 750 million yuan (108 million U.S. dollars) expansion to become an international airport.

In addition to supporting Boeing, the aviation base in Zhoushan will also develop an entire industrial chain for aircraft manufacturing, with the capacity of assembling, delivering and modifying 600 aircraft a year by 2025.

Zhoushan is an archipelago and island city in Zhejiang Province, which has the largest fishery in China and boasts strong shipbuilding, tourism and service industries.


Poster Comment:

Looks like Chinese will get a factory built quicker than it would take to complete bureaucratic permitting in America.

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 6.

#1. To: Tatarewicz (#0)

This may (still) not happen.

Wait for the 'Trump Foot' to fall and then see if it gets built.

Boeing is not going to want to pay 35% import taxes on billions of dollars worth of foreign-built Boeings.

HAPPY2BME-4UM  posted on  2017-03-13   9:06:30 ET  Reply   Untrace   Trace   Private Reply  


#3. To: HAPPY2BME-4UM (#1)

More likely the case of Boeing must build in China or lose that market as well as much of Asia. Great technology coup for China.

Tatarewicz  posted on  2017-03-14   3:32:15 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Tatarewicz (#3)

More likely the case of Boeing must build in China or lose that market as well as much of Asia. Great technology coup for China.

====================================================

Denying that American wealth shifted to China over the past quarter century is like denying the sun comes up in the morning.

And the US government, sponsored by both political parties completely endorsed the outsourcing of American industry to China.

The computer, furniture, clothing, plumbing, electrical, automobile, military components, oil production component, electrical power generation components, and all the other hard, soft, and technology industries that American business owners EXPORTED to China will come back in the form of bullets, bombs, tanks, planes, missiles, and planes to destroy this country.

You cannot see it yet, but you know it is coming.

If you deny it, you are simply lying.

Of course when I say 'you,' I am referring to all the conglomerates of business owners and government agencies who turned their heads and looked the other way while it happened, then allowed it to happen.

HAPPY2BME-4UM  posted on  2017-03-14   7:38:54 ET  Reply   Untrace   Trace   Private Reply  


#6. To: HAPPY2BME-4UM (#5)

allowed it to happen.

The U.S. corporations have knowingly outsourced most of our technology and manufacturing to other countries, including China. Now China is becoming an economic powerhouse while the U.S. languishes in debt. And it will only get worse. ;)

BTP Holdings  posted on  2017-03-14   9:11:20 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#8. To: BTP Holdings (#6)

China is becoming an economic powerhouse

...largely because manufacturing and other economic activity has not been stifled by feather-bedding unions or an infestation of regulation-bound bureaucrats who retard progress with their response to dumb citizen complaints.

For example, in earlier generations there was no such thing as homelessness. People could always rent a nook in someone's house for a nominal amount.If you didn't like the accommodation you could move.

Along came bureaucrats who said landlord must meet this and that regulation, especially if tenant complained, figuring he could change things. The hassle wasn't worth it for the landlord. Now, thousands are homeless, some sleeping under bridges stairwells, etc.

Tatarewicz  posted on  2017-03-15 05:41:46 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 6.

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