The August 1 Aerobatic Team of China celebrated the 75th founding anniversary of Chinese People's Liberation Army (PLA) Air Force on Monday, one day ahead the 15th China International Aviation and Aerospace Exhibition, with stunning performances.
A total of six aircraft participated in the performance.
The fighter jets managed to maintain the same distance to each other when performing various flight maneuvers, indicating high proficiency of the pilots' flying skills in maintaining flight accuracy.
Initially founded in 1962, the August 1 Aerobatic Team was renamed 25 years later after the PLA's founding date, which falls on August 1.
The team has adopted six aircraft types successively. Since 2009, all the aircraft used by the August 1 Aerobatic Team have been domestically produced.
The China International Aviation and Aerospace Exhibition, also known as the Zhuhai Airshow, will take place from Nov 12 to 17, which has attracted 1,022 companies from 47 countries and regions. Russia, France, the United States, Saudi Arabia and Italy will participate in the biennial aerospace trade show in groups.
As an export-oriented international event, the air show offers a rare venue to observe China's military aircraft up close, especially the newest models.
August 1 Aerobatic Team marks 75th founding anniversary of PLA Air Force with stunning performances
August 1 Aerobatic Team marks 75th founding anniversary of PLA Air Force with stunning performances
Governments at all levels across China are promoting consumer goods trade-ins and industrial equipment upgrade with preferential policies and subsidies, bringing about significant growth in home appliance sales and equipment production. So far this year, the trade-in policies have brought a total sale of one trillion yuan (about 137 billion U.S. dollars) nationwide, and boosted production of trade-in-related goods like new energy vehicles (NEVs) and home-use freezers.
In Shanghai, in addition to the eight categories of nationwide subsidized products, like refrigerators, television sets, and computers, the local government introduced extra subsidies for additional home appliances, as well as interior materials, furniture, elderly-friendly products, and more to meet local needs.
According to statistics, Shanghai's trade-ins of home appliances have exceeded 6.4 million times, boosting trade of the eight categories by 30 to 40 percent compared to last year's statistics, and the total sales of home appliances on all platforms exceeded 10 billion yuan (about 1.37 billion U.S. dollars).
In central China's Hubei Province, the local government is providing subsidies unlimited times for passenger vehicles trade-ins, expanding subsidized kitchen and bathroom appliances, and involving interior goods and materials to the list, benefiting consumers in over 4.5 million transactions and bringing a total sale of 50 billion yuan (about 6.8 billion U.S. dollars).
In the first three quarters, industrial equipment upgrade policies have stimulated investments in equipment and tools, featuring a 16.4 percent year-on-year increase, with food manufacturing, agricultural products processing, and metal smelting equipment production increasing by 38.1 percent, 34.6 percent, and 13.2 percent, respectively.
In addition to consumer goods, governments at all levels have been actively offering allowances and providing guidance for companies to upgrade appliances and technologies to facilitate domestic consumption "We have applied for nearly 50 million yuan (about 6.8 million U.S. dollars) funding for equipment upgrades. With active advertising and mobilization, we encouraged local advantageous companies in machinery and medicine and health to apply, and provide guidance for them on company digitalization and technology upgrade," said Yu Biao, deputy director of the Development and Reform Bureau of Xinchang County in Shaoxing City of east China's Zhejiang Province.
Companies are also benefiting from the policy, and many are pursuing expansion with government allowances.
"We have benefited from the 'one-time pre-tax deduction policy for equipment and tools under 5 million yuan (about 680,000 U.S. dollars)' and reinvested additional funds for the Phase II expansion. As a result, the annual processing capacity has increased from 80,000 tonnes to 130,000 tonnes," said Tang Kaibo, general manager of Liaoning Lvyuan Renewable Energy Development Co., Ltd.
Local governments promote trade-ins, equipment upgrade with policies, subsidies
