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Beijing - Aircraft builder Airbus opened an assembly
plant in China on Sunday,
its first production facility outside of Europe.
Airbus said it viewed the modern facility in the port city
of Tianjin one hour to the south-east of the
capital Beijing
as a "milestone" in the globalization of the company's production.
"With the final assembly line here in Tianjin, we deepen and expand our industrial
relationship, which is a key pillar of the internationalization strategy of
Airbus," Airbus head Thomas Enders was quoted by the Xinhua news agency as
saying at the opening ceremony. Chinese Premier Wen Jiabao was also present
Sunday.
The investment in the plant was between 8 billion and 12
billion yuan (1.2 billion to 1.8 billion dollars), state-run Xinhua reported.
The Airbus chief further said that the company would seek to
purchase one billion dollars of components and materials from Chinese companies
annually by 2020. In 2007, the company bought 70 million dollars of equipment
from China.
Enders said the Tianjin
assembly line had "the latest state-of- the-art technologies, as it has
integrated technologies from both lines in France
and Germany."
Four A320 Airbus craft are expected to be assembled at the Tianjin plant each month
by 2011 at the latest.
The first aircraft is expected to be delivered to China's Sichuan
Airlines in the middle of 2009.
Assembly in Tianjin of parts
produced in Europe already was started up in
August.
The new assembly plant, which is the equivalent of the
modern Airbus facility in Germany's
northern city of Hamburg,
will primarily target the Chinese market, which the Airbus CEO said was the
second largest aviation market.
Air passenger numbers are predicted to climb by 10 per cent
per annum in China.
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