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The foundation was recently laid for the Xiangyang Aviation Technology and Equipment Industrial Park in the Xinshiqu district of Baoding, Hebei province.
The industrial park grew out of a strategic cooperation agreement between the Aviation Industry Corp of China and the Hebei provincial government.
It is expected to cost 3.3 billion yuan and will become an R&D center for AVIC’s soft intelligent and technological equipment, manufacturing, and spare parts for its numerically-controlled machines and an aviation equipment and manufacturing base.
AVIC representatives said the park will provide an opportunity to develop an industrial pattern where the R&D center is in Beijing and production base in Baoding. It is expected to be a high-level equipmental industrial base.
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