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The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council.
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The Aviation Industry Corporation of China, Ltd. (AVIC) was founded on November 6th, 2008 through the restructuring and consolidation of the China Aviation Industry Corporation Ι(AVIC Ι)and the China Aviation Industry Corporation ΙΙ (AVIC ΙΙ). We are centered on aviation and provide complete services to customers in many sectors - from ...
The Aviation Industry Corporation of China, Ltd. (AVIC) was founded on November 6th, 2008 through the restructuring and consolidation of the China Aviation Industry Corporation Ι (AVIC Ι) and the China Aviation Industry Corporation ΙΙ (AVIC ΙΙ).
- What Is Avic?
- How Important Is Avic to China’s Aviation Industry?
- How Is The US-China Relationship Affecting Avic?
- What Is The Outlook For Avic?
Headquartered in Beijing, Avic is an aviation and defence company controlled by the State-owned Assets Supervision and Administration Commission (Sasac), the powerful agency that oversees China’s state sector, including some of the world’s biggest companies in industries such as steel, energy, shipping, telecoms, defence and aerospace. Avic was est...
Avic plays a dominant role in research and development, operations, manufacturing and financing in China’s aviation industry. Avic is “of high strategic importance to China’s national defence and acts as the backbone of the country’s military and civilian aviation manufacturing industry”, according to Fitch Ratings, which offers ratings for Avic In...
For many years, Avic and its subsidiaries have been buying overseas aviation-related assets and technology, and the company has a number of joint ventures with foreign firms, including with GE Aviation in avionics and Honeywell Aerospace in flight control systems. However, Avic’s overseas ventures have begun raising alarm bells in Washington in rec...
China has been investing heavily to advance its aviation manufacturing capability and such investment is likely to continue. Chinese President Xi Jinping in 2018 urged the nation’s state firms to “strive to achieve the goal of building an aviation power”, as the world’s second largest economy increasingly places more resources and investment in hi-...
Civil Aviation AVIC is a major OEM of civil aircraft in China, including regional passenger aircraft, general aircraft, and helicopters. AVIC is also a global supplier of inferior systems and aero-structure.
Jan 22, 2024 · Established in 1951, the Aviation Industry Corporation of China (AVIC) is China’s largest aviation enterprise, responsible for producing essentially all of China’s domestic military aircraft, UAVs, and helicopters, as well as a wide range of civilian aircraft and other aviation and non-aviation products and services.
Aviation Industry Corporation of China, Ltd (AVIC), a state-owned Chinese group of aerospace companies based in Beijing, is a major player on the global market. With its over 100 branches and 27 subsidiaries, AVIC is a Fortune 500 company and one of China's ten largest industrial corporations.
