China's domestically developed large engine AEF1200, along with other star products, made their debut at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China, which opened in the southern coastal city of Zhuhai on Tuesday.
The AEF1200 stands out among the 67 products the Aero Engine Corporation of China (AECC) has brought to the exhibition, and nearly half of the products are making their debut. The powerful engine is designed to support future models of large transport aircraft.
"We can see here our major products for gas turbine engine (military and) civil aircraft, like the AEF1200 which we put in a prominent position. This is China's first model with large bypass ratio and high thrust," said Yang Lufeng, vice general manager of the AECC.
The AECC has also set up general aviation and low-altitude economy exhibition zones at the airshow, showcasing diverse products that accommodate emerging markets and new application scenarios.
"Here we have the AEP100 engine that supports general aviation and low-altitude economy, which we have full intellectual property rights. A dual-engine setup can support up to 10-ton transportation aircraft, while our small turbofan engine can be the power choice for high-altitude drones," Yang said.
The airshow will run till Nov. 17.
China-developed AEF1200 engine makes debut at 15th Airshow China
China-developed AEF1200 engine makes debut at 15th Airshow China
China-developed AEF1200 engine makes debut at 15th Airshow China
China-developed AEF1200 engine makes debut at 15th Airshow China
As the 2024 APEC gathering commences in Lima, Peru, China's deepening partnerships with Latin American nations - bolstered by trade, investment, and the Belt and Road initiative - serves as a key example of the country's commitment to fostering inclusive economic cooperation across the Asia-Pacific region.
Under the overarching theme of "Empower. Include. Grow," APEC Peru 2024 which is running from Nov. 10-16, will bring leaders of its 21 member economies together to set the agenda for the Asia-Pacific region, with trade and investment for inclusive and interconnected growth beiamong the priority areas.
At the APEC media center next to the meeting's main venue, booths promoting new technologies and sustainable development are set up. Organizers say Peru is seeking opportunities to connect the largest markets and insert Peruvian companies in regional and global value chains.
In an opinion article posted on the website of the China Global Television Network (CGTN) last weekend, Peru's Ambassador to China Marco Balarezo wrote that exports to APEC economies represented 68.5 percent of Peru's total international transactions in 2023, and that the Asia-Pacific provides a critical region of opportunities and incorporation in the regional and global supply chains.
Chinese President Xi Jinping will attend this year's APEC Economic Leaders' Meeting and pay a state visit to Peru from Wednesday to Sunday, with this being his sixth visit to Latin America since 2013.
An updated free trade agreement (FTA) between Peru and China, set to be signed during President Xi's visit, is another example of how APEC 2024 will bolster the economy, according to Ambassador Balarezo.
China is Latin America's second-largest trading partner and main source of investment, as well as the top trading partner for many countries in the region including Peru. It has signed Free Trade Agreements with five Latin American economies and established high-quality Belt and Road cooperation with 22 Latin American and Caribbean countries. The cooperation has grown beyond traditional areas like trade, finance, and infrastructure to include newer fields such as energy, the digital economy, and aerospace.
One of the flagship cooperative projects, the China-built Chancay Megaport north of Lima, set to become fully operational shortly after the APEC meeting, is establishing Peru as a gateway for South American trade to Asian markets. Beyond that, Balarezo said Peru invites all APEC enterprises to invest in this near-term endeavor.
Since it started over 30 years ago, APEC has turned into a powerful driver of economic growth and one of the most important forums in the Asia-Pacific region. With 21 member economies, APEC represents around 62 percent of the world's GDP and nearly half of global trade.
APEC is the first regional economic cooperation organization that China joined back in 1991. Experts believe China has accelerated the pace of opening up through APEC cooperation and has provided huge opportunities for economic and trade development in the Asia-Pacific region.
Strengthened China-Latin America ties epitomize APEC's push for inclusive economic cooperation
