China to support local airlines for the purchase of new Airbus planes

Beijing, China - Chinese government will support the country's airlines for the purchases of new jets from Airbus.

The announcement came during a meeting in Beijing on Nov. 6 between French President Emmanuel Macron and Chinese President Xi Jinping.

The Xinhua news agency reports that the two countries have agreed to work together to expand the industrial presence of the European aircraft manufacturer in China.

Yesterday, A Memorandum of Understanding was also signed for the further development of industrial cooperation between Airbus and the Chinese government.

According to the agreement, Airbus will add A350 XWB capabilities to its widebody completion and delivery center (C&DC) in Tianjin from the second half of 2020. The C&DC is set to deliver its first A350 aircraft by 2021.

China and France also hope to boost cooperation in the helicopter sector as well as aircraft engines and pilot training.