AVIC 1, Chengdu sign cooperation accord

The China Aviation Industry Corp. 1 (AVIC 1) and Chengdu municipal government signed a supplementary agreement on strategic and investment cooperation in Chengdu, Sichuan province, on August 17. Among those who attended from AVIC 1 were General Manager Lin Zuoming, Vice General Manager Hu Wenming, Assistant General Manager Zheng Qiang, Vice General Engineer Ge Zigan, and Vice Economic Manager Li Ping. Secretary Li Chuncheng of the Chengdu Party Committee, Mayor Ge Honglin of Chengdu and other military representatives also attended. AVIC 1 has decided that its main company and affiliates will invest to establish the Chengdu Aerospace High-tech Industrial Base. Among these companies are Chengdu Hi-Tech Investment Group Co., 29th Research Institute of China Electronics Technology Group Corp., 54th Research Institute of China Electronics Technology Group Corp., Institute of Optics and Electronics of the Chinese Academy of Sciences (IOE), and Peking University. The move is aimed at spurring China’s aerospace development. The signing further deepens the cooperation between AVIC 1 and Chengdu City. The strong research capability of AVIC 1 Chengdu Aircraft Design and Research Institute will drive development of the Chengdu area in aviation and electronics.