BEIJING, May 20 (Xinhua) -- From aviation flight camp, pop-science, aviation theme carnival to UAV R&D and manufacturing, Jiande Aviation Town inked seven general aviation deals in the first quarter of 2019, attracting some 2.5 billion yuan of investment, according to official with Jiande economic development area of Hangzhou.
Since establishment in 2016, the aviation town realized fixed-asset investment of 3.399 billion yuan, including 2.603 billion yuan of social capital.
Budding from industrial remains left from the old Hengshan ferroalloy factory to currently hosting settlement of 773 enterprises with main business revenue amounting to 7.133 billion yuan, the aviation town experimented itself into Hangzhou's new growth engine with its general aviation+tourism mode sparking transformation of the traditional sectors.
The aviation town currently has 17 more projects in talks with total investment amounting to 45.85 billion yuan, the official said.
Driven by east China's Zhejiang province's plan to raise aviation manufacturing industry output value to 100 billion yuan by 2020, Hangzhou find the niche for developing Jiande Aviation Town into a "general aviation model" that utilize tourism and aviation services to cluster general aviation resources for the whole chain.
As a trillion-yuan scale uprising industry, general aviation industry could drive related sector development while transform economic development pattern and boost industrial and consumption upgrades, experts say.
In terms of transformation, Hangzhou based XIZI UHC brought its name forward when China’s first self-developed trunk jetliner, the C919, conducted its successful maiden flight in May of 2017. As the only private enterprise on C919’s supplier list, the once boiler and elevator making company now holds contracts with Airbus, Boeing, Bombardier, AVIC and COMAC.
In addition to general aviation prototype, Hangzhou clearly plans more for its position in the strategic emerging aviation industry.
Qiantang New District, a development area for aviation manufacturing, for example, has School of Aeronautics and Astronautics under Zhejiang University settled in to develop high-end aircraft technology. Its main team, led by professor Ke Yinglin, had previously developed 17 sets of aircraft automated assembly systems and two assembly pulsation production lines, providing strong technical support for the country’s key military aircraft models.
Hangzhou is mapping a full-chain plan towards a "aviation city" future that integrates learning, R&D, manufacturing, tourism as well as other aviation services, experts say. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)