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1、AircraftEnginePaininChinaAircraftEnginePaininChinaThedevelopmentofenginesforcivilaircraftsisalwaysasorepointforChina’saviationindustrylikethebigplanes.Chinaneedstoimportalotofaircraftengines,manymorethantheAirbusandBoeingplaneseveryyear.TheheartsofaircraftsusedinC
2、hinaareallsuppliedbyGeneralElectric,Rolls-RoyceandPratt&Whitney,theTop3aircraftenginemanufacturersintheworld.AccordingtotheforecastofIndustrialSecurities,theannualmarketvalueofenginesformilitaryandcivilplanesishigherthanRMB110billoninthenexttenyears.Thecivilengine
3、marketisworthRMB80billionwilethemilitaryenginemarketvaluesRMB30billion.Presently,someofthemilitaryplanesinChinahavebeenequippedwithdomestic-madeengines,buttheChinese-madepassengeraircraftModernArk60andARJ21stillneedforeignengines.Inordertowinthehugemarketworthbill
4、ionsofyuan,theinvestmentintoanddevelopmentofself-madeengineshavebeenplacedintotheschedulealongwiththeinitiationofdomestic-madebigpassengerplanes.ThreeGiants?BigBusinessinChina“Theenginecanbesaidtohavethehighesttechnologicalrequirementsinthedevelopmentofplanes.Thus
5、itsvalueisveryhigh.Thepriceofenginesusuallytakes25%-30%ofasingleplane’scost,’’saysZhouJisheng,whotookpartinthedevelopmentofseveraldomesticplanes.Presently,themarketofenginesforcivilplanesismonopolizedbyGE,Rolls-RoyceandPratt&Whitney.ZhouJishengpointsoutthattheChin
6、ese-madeenginesarefarbehindtheforeignoneseventhoughtheycanbeinstalledintofighters.“Thegapexistseverywhere,includingthetechnique,metallurgy,designandmanufacturing.Comparedwithaircraftenginesformilitaryuse,thecivilenginesaremorerequiringintermsofsafety,reliabilityan
7、deconomicbenefitsandthemanufacturingismorecomplicated.“Itishardtodevelopenginesforcivilplanes.Theprocessislongsinceittakes15yearsfromresearch&developmenttoproduction，’’saysTanRuisong,generalmanagerofAviationIndustryCorporationofChina(AVIC).Developedcountriesusuall
8、ybanthetransferofcoretechnologiesofaircraftenginestoothercountries,noteventheirWesternallies.Thehightechnologicalthresholdensuresthehighreturnsfromthema
