Aero Engine Corporation of China

Aero Engine Corporation of China
Native name
中国航空发动机集团
Company typeState-owned
IndustryAerospace engineering
PredecessorAeroengine related divisions of Aviation Industry Corporation of China
FoundedAugust 28, 2016; 8 years ago (2016-08-28)
Headquarters
Haidian District, Beijing
,
China
Area served
Worldwide
Key people
Cao Jianguo (Chairman)
ProductsAircraft engines
Number of employees
96000 (2016)
Subsidiaries
Websitewww.aecc.cn
Aero Engine Corporation of China
Simplified Chinese中国航空发动机集团
Traditional Chinese中國航空發動機集團
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Hángkōng Fādòngjī Jítuán
Abbreviation
Simplified Chinese中国航发
Traditional Chinese中國航發
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Hángfā

Aero Engine Corporation of China (AECC) is a Chinese state-owned aerospace manufacturer focused on the design and development of aeroengine and related technology, comprising 46 affiliated companies including engine manufacturers, institutions and aero-engine factories.[1] The company was established on August 28, 2016.[2] At launch, AECC was to be capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC), China's two main state aerospace companies.[3]

U.S. sanctions

See also: United States sanctions against China

In November 2020, U.S. President Donald Trump issued an executive order prohibiting U.S. companies and individuals owning shares in companies that the United States Department of Defense believe have links to the People's Liberation Army.[4][5][6] The list produced by the United States Department of Defense as being linked to the People's Liberation Army includes AECC.[7]

See also

References

  1. ^ "Aero Engine Corporation of China enhances manufacturing process to propel ahead of the competition". Archived from the original on 2023-01-21. Retrieved 2023-01-21.
  2. ^ 中国航空发动机集团有限公司在京召开成立大会 (Press release) (in Chinese). Ministry of Industry and Information Technology. 2016-08-29. Archived from the original on 2017-12-30. Retrieved 2016-08-29.
  3. ^ Alex Derber (Sep 21, 2017). "Sino-Russian Widebody Engine Under Discussion". Aviation Week Network. Archived from the original on December 30, 2017. Retrieved December 30, 2017.
  4. ^ Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. Archived from the original on October 28, 2021. Retrieved November 12, 2020.
  5. ^ Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military". Reuters. Archived from the original on 2021-10-28. Retrieved 2020-11-12.
  6. ^ Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties". The New York Times. ISSN 0362-4331. Archived from the original on 2020-11-13. Retrieved 2020-11-13.
  7. ^ Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies". Axios. Archived from the original on June 25, 2020. Retrieved June 24, 2020.