Name: China’s Comac Aims to Rival Boeing and Airbus in the World’s Biggest Market | WSJ
Uploaded: 2021-05-30T07:59:52.000Z
Duration: 6 min 33 s
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China state-owned aircraft manufacturer Comac

of its C919 passenger jet to compete with Boeing and Airbus.

- [Narrator] Though the project is years behind schedule,

has upended the aviation industry around the world.

of certifying the C919 for commercial operations.

- [Narrator] Eventually the government hopes the C919

will become the main carrier in the world's biggest

commercial aviation market, but can it succeed?

Chinese President Xi Jinping has had an aviation dream

to build the country's first commercial civilian airliner.

from China's fast-growing commercial aviation market.

Airbus built an assembly plant in China in 2008.

of all Boeing planes that came off the assembly line

and the demand isn't going away anytime soon.

According to Boeing's latest market outlook

from this past October, it expects China to buy

more than 8,400 new airplanes over the next 20 years

for China to want to build its own aircraft.

And that is so that it can fill that market

- [Narrator] Timothy Heath is a defense researcher

who's been studying China's national aviation strategy

- [Timothy] The problem is that due to it's

lack of experience, there's a very steep learning curve.

- [Narrator] For instance, compared to Boeing's

China started exploring commercial aviation in the 1970s.

So to catch up the Chinese government has been focused

on Comac, which was only established in 2008,

The Center for Strategic and International Studies

somewhere between $49 and $72 billion in government aid,

far more than the $22 billion that Airbus has received

according to the World Trade Organization.

has helped build successful homegrown companies

and industries, including 5G and artificial intelligence.

It'll take more than money to help the C919 take off.

- The difference is that civilian airliner manufacturers

- [Narrator] That's because building a commercial aircraft

requires hundreds of thousands of components.

at 35,000 feet in the air for hour upon hour,

land, gas up, and do it again with no problems.

at the Center for Strategic and International Studies.

The non-profit policy research organization receives part

Kennedy has been analyzing China's industrial policy

- Most of the parts that the Chinese make

So the Chinese components are relevant to the plane

but they're not central to the plane's ability to fly.

- [Narrator] The more complex parts are imported.

- [Scott] China depends almost entirely on the US and Europe

for the components that go into the plane from the engine,

to most of what's inside the plane, even.

- [Narrator] According to Kennedy's analysis

and half of them are joint ventures with foreign companies.

And these joint ventures are one important part

of Comac's plans to advance technologically.

- The Chinese have actually required a support suppliers

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China’s Comac Aims to Rival Boeing and Airbus in the World’s Biggest Market | WSJ

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