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Aviation and astronautics

Updated : 2014-05-19 By : Zhuan TiSource : chinadaily.com.cn

In these sectors, priority will be given to the development of next-generation rockets, satellites, space stations as well as large airplanes and helicopters, making Binhai a world-class industrial hub for the aviation and astronautics industries.

In addition to manufacturing and assembly, the industries will form a full value chain that also includes research and development, logistics and main- tenance. According to official estimates, the revenues of these industries will reach 100 billion yuan by 2015, accounting for 4 percent of the total revenue of Binhai New Area. The Tianjin Airport Economic Area is the major site for the two sectors.

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