Chinese President Xi Jinping At The World Largest Aviation Manufacturing Building in Boeing Everett September 23rd, 2015
According to Boeing News dated September 23rd, 2015:
Boeing Hosts China President Xi Jinping, Announces Airplane Sales, Expanded Collaboration with China's Aviation Industry
Boeing, China finalize agreements for 300 China orders & commitments
Boeing, COMAC to partner on 737 completion and delivery center in China
Additional cooperation with Chinese supplier AVIC
New initiative to develop sustainable aviation biofuel to reduce carbon emissions
EVERETT, Wash., Sept. 23, 2015 /PRNewswire/ -- Boeing (NYSE: BA) today welcomed China President Xi Jinping to its widebody commercial airplane factory and announced several agreements that will broaden and deepen mutually beneficial cooperation between Boeing and China.
The agreements include orders and commitments for 300 Boeing narrowbody and widebody aircraft and expanded collaboration between Boeing and China's commercial aviation industry.
Together, Boeing and China committed to further advance development of China's commercial aviation industry and meet strategic business objectives for Boeing in the world's largest airplane market going forward.
President Xi, accompanied by Boeing executives, viewed final assembly lines for the 787 Dreamliner, 777 and 747-8, as well as aircraft components made by Chinese aviation suppliers. The president also spoke with Boeing employees and the 787 chief pilot about their work on airplanes built for Chinese carriers.
Boeing President and CEO Dennis Muilenburg said Boeing appreciated China's continued trust and confidence. "Today's visit by President Xi represents a new chapter in the valuable relationship between Boeing and China," Muilenburg said. "Boeing is committed to further strengthening and deepening our partnership with China in mutually beneficial ways that will bring positive outcomes to Boeing and our Chinese partners."
"Boeing will continue to work closely with our customers, suppliers and other stakeholders in China to support the long-term growth of China's aviation industry and jobs here in the United States," said Boeing Commercial Airplanes President and CEO Ray Conner.
Agreements announced today include:
Boeing and National Development Reform Commission (NDRC)
Boeing and NDRC have signed a Memorandum of Understanding (MOU) that will advance their long-term strategic cooperation through several "Pillars of Partnership." These pillars include:
Industrial cooperation
Continued development of a world-class aviation transportation system through deliveries to China of Boeing airplanes and services
Development of technologies to reduce aviation's environmental impact and enhance sustainability
Leadership development and training for the next generation of leaders in China's aviation industry
Continued cooperation to support the safety, efficiency and capacity of China's air transport system
Orders and Commitments for Boeing Commercial Airplanes
Boeing and China Aviation Supplies Holding Company (CASC) have signed a General Terms Agreement related to the purchase of 300 airplanes. The package has a value of approximately $38 billion at list prices.
Aircraft orders and commitments include:
(240) airplanes for Chinese airlines, including (190) 737s and 50 widebody aircraft
(60) 737s for leasing companies ICBC and CDB Leasing
"Boeing airplanes have played an important role in supporting the development of China's aviation transportation for the past 40 years," said Li Hai, president of China Aviation Supplies Holding Company. "These additional airplanes will further help connect the people in China and around the world."
"China is a critical international market for commercial airplanes," said Conner. "We thank our Chinese customers for selecting fuel-efficient Boeing airplanes to meet their fleet growth and expansion."
Orders are posted on Boeing's Orders & Deliveries website after all contingencies are cleared.
737 Completion and Delivery Center in China
Boeing and Commercial Aircraft Corporation of China, Ltd., (COMAC) will partner to open a facility in China for the interiors completion, paint and delivery of Boeing 737 aircraft to Chinese customers. The joint venture facility will significantly expand Boeing's collaboration with China's aviation industry while also enabling future production rate increases at Boeing's 737 final assembly factory in Renton, Wash. This China-based facility will not reduce 737 Program employment in Washington State.
"Boeing is expanding our longstanding relationship with Chinese industry to meet vital goals for our company: We are bringing the Boeing 737 closer to our Chinese customers, supporting rising 737 production rates and enhancing our access to China's dynamic and fast-growing aviation market," said Conner. "The 737 will be a cornerstone of the Chinese fleet for years to come, and we look forward to delivering 737s to Chinese customers in China."
COMAC Vice President Wu Guanghui said: "The new collaboration between Boeing and COMAC will help advance the Chinese commercial transportation market in a better and faster way, and will benefit the development of supporting Chinese industries related to aircraft completion as well as the global growth of China's civil aviation business."
Boeing, COMAC and Chinese government officials are working toward a final business agreement and will announce the facility's location and timing of first deliveries at a later date. Boeing, now building a record 42 737s per month, will increase production to 47 airplanes per month in 2017 and 52 airplanes per month in 2018 to meet strong demand for the 737, the world's most fuel-efficient single-aisle airplane.
Boeing and Aviation Industry Corp. of China (AVIC)
Boeing and Aviation Industry Corp. of China (AVIC) will broaden their long-term collaboration to support Boeing's commercial airplane programs. In a framework agreement, the companies said they intend to further advance AVIC's manufacturing capabilities by adding major component and assembly work packages; strengthening leadership; and developing AVIC's broad aviation infrastructure and business practices, including supply chain management.
"Our companies have committed to work together to expand Boeing and China's mutually beneficial supplier-partner relationship," said Kent Fisher, vice president and general manager, Supplier Management, Boeing Commercial Airplanes. "Broadening and deepening our long-term collaboration demonstrates Boeing's continued commitment to China and our continued trust in AVIC's ability to meet Boeing's stringent requirements for high quality and on-time delivery. In addition, AVIC has been a great role model for Partnering for Success, using Lean manufacturing techniques to increase the affordability of our airplanes."
"Boeing's commitment to increase AVIC's statement of work will help enhance our manufacturing capabilities, capacity and efficiency, which will contribute to improving the competitiveness of Boeing airplanes," said Geng Ruguang, executive vice president, AVIC. "We look forward to strengthening our partnership even more as we work together to address the win-win opportunities presented in a rapidly growing market for commercial airplanes."
Further development of sustainable aviation biofuel
Under the framework of the MOU between Boeing and NDRC, Boeing and NDRC announced a new initiative to turn agricultural waste in China into sustainable aviation biofuel. Boeing will partner with NDRC to turn items from farms, such as corn cobs and wheat stalks, into sustainable jet fuel as a way to reduce aviation's carbon emissions.
"Biofuel collaboration between Boeing and Chinese partners is a prime example of how we are determined to make progress on environmental challenges that no company or country can solve alone," said Ian Thomas, president, Boeing China. "Together, we're finding innovative ways to support China's aviation industry and help build a sustainable future."
When produced sustainably, aviation biofuel reduces carbon emissions by 50 to 80 percent on a lifecycle basis compared to conventional petroleum jet fuel, according to studies by the U.S. Department of Energy.
Boeing has partnered with Chinese stakeholders to support development of China's air transport system since President Richard Nixon arrived in Beijing on Air Force One, a Boeing 707, in 1972. Today, more than 50 percent of commercial jetliners operating in China are Boeing airplanes. Over the next 20 years, China will be Boeing's largest commercial airplane market with a projected need for 6,330 new airplanes, worth an estimated $950 billion.
Boeing is the largest international customer of China's aviation manufacturing industry, with suppliers playing a role in 737, 747, 767, 777 and 787 Dreamliner production. Boeing works with Chinese industry, universities and other institutions to develop sustainable aviation biofuel and improve air-traffic system efficiency.
The Boeing Everett Factory, in Everett, Washington, is an airplane assembly building owned by Boeing. Located on the northeast corner of Paine Field, it is the largest building in the world by volume at 13,385,378 m3 (472,370,319 cu ft) and covers 399,480 m2 (98.3 acres) which is the factory where the wide-body Boeing 747, 767, 777, and 787 are assembled.
President Xi Jinping also visited the Microsoft headquarters. According to Arirang News, dated 23rd, 2015; Chinese President Xi Jinping made clear that China is open to foreign business... and vowed to remove barriers to foreign investment and improve intellectual property protections. Addressing a group of America′s top business leaders including Amazon founder Jeff Bezos, Warren Buffett and Apple′s Tim Cook Xi emphasized that there can be no progress in the Chinese economy without reform. He visited the Microsoft headquarters and Boeing Company.
Chinese President Xi Jinping has arrived in Washington state in Seattle on September 22nd, 2015. He was greeted by dignitaries that included Washington Governor Jay Inslee, former Washington governor and U.S. ambassador to China Gary Locke and Seattle Mayor Ed Murray including companies Boeing and others.
CCTV America showing the The first landing of Chinese President Xi Jinping and The First Lady Mrs. Xi Jinping to Seattle
CNN talks President Xi Jinping visits to Seattle ties with positive economic and trade issues
Boeing Hosted China President Xi Jinping meanwhile, Announces
Airplane Sales, Expanded Collaboration with China's Aviation
Industry. Boeing, China finalize agreements for 300 China
orders & commitments. Boeing, COMAC to partner on 737 completion and
delivery center in China. Additional cooperation with Chinese supplier
AVIC and New initiative to develop sustainable aviation
biofuel to reduce carbon emissions.
CCTV News reports full description of China and Boeing close colaboration for number of areas and reached agreement and talks about China green effect of development with Boeing also talk about China Boeing Deal:
According to Boeing Source, China needs 6,330 Aircraft over next 20 years, and the Aircraft Chinese demand up 5 percent also Chinese Passengers to hit 1.3 billion in 2034.
On July 20th, 2015, White House reported that President Obama expressed his appreciation via his Readout of the President’s Call with Chinese President Xi Jinping: The President spoke to Chinese President Xi Jinping on July 20 to express appreciation for the role China played in reaching an historic, long-term comprehensive nuclear deal between the P5+1 and Iran that verifiably ensures Iran’s nuclear program is exclusively peaceful going forward. Both leaders agreed on the fundamental importance of continued U.S.-China cooperation in ensuring the full implementation of the Joint Comprehensive Plan of Action. President Obama reaffirmed that he looks forward to welcoming President Xi to the White House for a State Visit in September.
President Xi Jinping will head for Washington, D.C., on Thursday, where he′ll be the guest of honor at a banquet hosted by U.S. President Barack Obama.
Sources: Boeing, CCTV, CNN Arirang, Youtube, Wikipedia,and White House
September 23rd, 2015 Catch4all.com, Sandra Englund
Chinese President Xi Jinping Lands in U.S.A
Chinese President Xi Jinping Lands in the U.S. on Tuesday and will embark on a whirlwind of meetings. The following is His itinerary.
Boeing reported that Boeing to Welcome China President Xi Jinping: SEATTLE, Sept. 16, 2015 – Boeing [NYSE: BA] confirmed today that China President Xi Jinping will visit the company’s Everett, Wash., factory on Sept. 23 during his visit to the United States.
Boeing Chairman Jim McNerney will be on hand to welcome President Xi, along with Boeing President and CEO Dennis Muilenburg and Boeing Commercial Airplanes President and CEO Ray Conner.
“We’re honored that President Xi will see our factory and meet the Boeing employees who worked to deliver a record 155 airplanes to China last year,” said McNerney. “China’s rapidly growing aviation market plays a crucial role in our current and future success.”
The Everett site is Boeing’s largest production site for commercial airplanes, where the 747-8, 767, 777 and 787 Dreamliner are produced.
"Boeing's strong 40-year relationship with China, one of the world's largest airplane markets, is expanding U.S. exports to that country and supports tens of thousands of American jobs,” said Conner. “We’re proud that President Xi will see Boeing innovation at work.”
So far this year, Chinese customers have taken delivery of about 25 percent of Boeing’s commercial airplane production. Over the next 20 years, China will be Boeing’s largest commercial airplane market with a projected need for 6,330 new airplanes, worth an estimated $950 billion.
Boeing has partnered with Chinese stakeholders to support development of China’s air transport system since President Richard Nixon arrived in Beijing on Air Force One, a Boeing 707, in 1972. Today, more than 50 percent of commercial jetliners operating in China are Boeing airplanes.
Boeing is the largest international customer of China’s aviation manufacturing industry, with suppliers playing a role in 737, 747, 767, 777 and 787 Dreamliner production. Boeing also works with Chinese industry, universities and other institutions to develop sustainable aviation biofuel and improve air-traffic system efficiency.
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Contact:
Doug Alder Boeing Media Relations 206-544-1814 doug.alder-jr@boeing.com
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Boeing is trade asNYSE: BA Dow Jones Industrial Average Component S&P 500 Component American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets and satellites. It also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest defense contractor in the world based on 2013 revenue,[6] and is the largest exporter in the United States by dollar value. Boeing stock is a component of the Dow Jones Industrial Average.
After almost grown for one century of Boeing Co., Now it became the world largets manufacturing factory which The Boeing Everett Factory, in Everett, Washington, is an airplane assembly building owned by Boeing. Located on the northeast corner of Paine Field, it is the largest building in the world by volume at 13,385,378 m3 (472,370,319 cu ft) and covers 399,480 m2 (98.3 acres). This is the factory where the wide-body Boeing 747, 767, 777, and 787 are assembled which is building something better every single day as clock is ticking for every second.
American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets and satellites. It also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest defense contractor in the world based on 2013 revenue,[6] and is the largest exporter in the United States by dollar value. Boeing stock is a component of the Dow Jones Industrial Average.
In March 1910, William E. Boeing bought Heath's shipyard in Seattle on the Duwamish River, which later became his first airplane factory. It is proudly embarking a century:100 years for next year July 15, 2016.
Boeing was incorporated in Seattle by William Boeing, on July 15, 1916, as "Pacific Aero Products Co". Boeing was later incorporated in Delaware, the original Certificate of Incorporation was filed with the Secretary of State of Delaware on July 19, 1934. Boeing, who studied at Yale University, worked initially in the timber industry, where he became wealthy and learned about wooden structures. This knowledge proved invaluable in his subsequent design and assembly of airplanes. The company stayed in Seattle to take advantage of the local supply of spruce wood. .
HONG KONG — The first state visit by President Xi Jinping of China to the United States will take place in September, the state-run Xinhua news agency reported Wednesday.
The report came after Mr. Xi and President Obama spoke by telephone on Wednesday morning, which was Tuesday in Washington. They discussed a wide range of issues, including climate change, Iran’s nuclear program and China’s currency policy, according to a White House statement. Neither the statement nor the Xinhua report offered further specifics about the conversation.
In addition to visiting the White House, Mr. Xi will attend events in New York commemorating the 70th anniversary of the founding of the United Nations, Xinhua reported.
The timing of the visit is potentially significant because it comes three months before a United Nations-sponsored climate summit meeting in Paris. China and the United States are the world’s top emitters of greenhouse gases, which means that any pact on curbing emissions must have both countries’ support to be effective. Last November in Beijing, Mr. Xi and Mr. Obama announced a landmark agreement that saw China for the first time agree to cap growth in its carbon emissions by 2030.
During the telephone call, Mr. Obama expressed appreciation “for President Xi’s commitment to partner in reducing greenhouse gas emissions and in achieving a successful outcome at the Paris Climate Summit this December,” the White House statement said.
Chinese President Xi Jinping lands in the U.S. this week, Chinese President Xi Jinping's four-day visit to the US next week will begin in the city of Seattle. meeting with business leaders in Seattle, will be visiting Boeing, Microsoft, etc.. before heading east to meet President Barack Obama in Washington, D.C.
Located in the northwestern state of Washington, Seattle is a commercial and tech hub, and a major port city for trans-Pacific and Asian trade. It's also the state's largest city, with around 3.6 million people living in the metropolitan area. Seattle is the headquarters of many major international companies, including Boeing, Microsoft, Amazon, and Starbucks. Seattle Mayor Ed Murray told CCTV that the city's strong economic ties with China go back decades.
There are Five Things to Know About Xi Jinping's U.S. Trip The WSJ's Rick Carew explains five things you need to know about Mr. Xi's first trip to the U.S. as China's leader. Photo: Reuters.
President Xi Jinping is the General Secretary of the Communist Party of China, the President of the People's Republic of China, and the Chairman of the Central Military Commission. As President Xi holds the top offices of the party and the military, in addition to being the head of state through the office of President, he is sometimes informally referred to as China's "paramount leader". As General Secretary, President Xi is also an ex officio member of the Politburo Standing Committee, China's de facto top decision-making body. From 1979 to 1982, Xi served as secretary for his father's former subordinate Geng Biao, the then vice premier and Secretary-General of the Central Military Commission. This gained Xi some military background. In 1985, as part of a Chinese delegation to study American agriculture, he visited the town of Muscatine, Iowa, U.S.A.
In 2010, President Obama visited and warm welcomed by China see via youtube CCTV.
Sources: Boeing, White House, WSJ Live, Wikipedia, Yahoo, and Youtube September 22nd, 2015 Catch4all.com, Sandra Englund