China Sees Improved Flight Safety in 2015, Growth in Aircraft Manufacturing Industry Expected
JB Cach | | Jan 04, 2016 10:49 AM EST |
(Photo : ChinaFotoPress/2Getty Images) China has seen an increase in flight safety in 2015, and foresees a growth in the domestic aircraft manufacturing industry.
China saw improvements in the flight safety sector in 2015, and this is expected to translate to substantial growth in the aircraft manufacturing industry.
Chinese civil aircrafts have completed about 3.62 million safe flights, totalling 8.46 million hours, Li Jian, deputy head of China's Civil Aviation Administration, said. This is 7.4 percent and 10.8 percent higher than the earlier year respectively.
Like Us on Facebook
Li added that the rate of aircraft incidents as well as human-triggered incidents has seen a decrease of 59 percent and 17.6 percent respectively, when compared year on year, according to Xinhua.
China Southern Airlines has been named the best domestic airline in terms of the civil aviation safety record, with a total of 15.26 million safe flight hours in 2015.
While this new report shows China's efforts to promote growth in the aviation industry, an earlier report showed the nation's efforts to bring about an increase in its production of domestic aircrafts.
As of now, most of what China allocates for acquiring new aircraft or aircraft parts are reportedly spent on importing items from Boeing or Airbus.
Additionally, Boeing has forecasted that China will be spending nearly $800 billion on new aircraft in 20 years.
Despite China being the world's largest and most successful manufacturer of various goods ranging from electronics, clothing, plastics and many other things, it has been comparably less successful in terms of building a civil aviation manufacturing industry. In 2014, China imported over $100 billion in aircraft parts from the U.S., while exporting only $3 billion worth of products outside the country.
However, a recent agreement signed between China's Shantou Municipal Government and Israel Aerospace Industries is expected to bring about substantial development in China's aviation industry.
“When you combine the innovation and entrepreneurial spirit of Israel with the unbelievable scale of China, you have a great partnership,” Technion president Peretz Lavie said of the agreement.
Both China and Israel have high hopes for the new agreement, according to IAI's Civil Aviation Group head Gadi Cohen.
“We are confident that these and other initiatives will open new business opportunities for us and our Chinese partners,” he said.
Tags aircraft, Airlines, airline, aviation, Civil Aviation Administration
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?