Summary of October 28 afternoon, Boeing, China Commercial Aircraft Company announced the press conference in Hangzhou, the Boeing 737 aircraft completion and delivery center located in Zhejiang Zhoushan. It is reported that the Zhoushan Delivery Center will be officially completed in 2018 and the first aircraft will be delivered at the end of the year. build...
On the afternoon of October 28th, Boeing Company and China Commercial Aircraft Corporation held a press conference in Hangzhou to announce that the Boeing 737 aircraft completion and delivery center was settled in Zhoushan, Zhejiang.
It is reported that the Zhoushan Delivery Center will be officially completed in 2018 and the first aircraft will be delivered at the end of the year. The completed Completion and Delivery Center plans to deliver between 8 and 10 aircraft per month, with an annual delivery of approximately 100 aircraft.
At this point, the dispute over the Boeing China project came to an end, but the Zhejiang government, which has been running for more than three years, has not stopped. Xia Baolong, secretary of the Zhejiang Provincial Party Committee, said at the press conference that Zhejiang will support the province's efforts to support the project construction.
Boeing landing market changes
According to the plan, the completion center and delivery center of Boeing 737 will be built in Zhoushan Aviation Industrial Park, located in Zhujiajian Island, Putuo District, Zhoushan City. The planned area is about 7.88 square kilometers, which is divided into flight service area, comprehensive supporting area and parts manufacturing. District, final assembly area and ecological landscape area. The initial estimated total investment is 10 billion yuan.
The reporter learned that the Boeing 737's Zhoushan Center consists of two parts, namely the 737 aircraft completion center jointly invested by Boeing and China Commercial Aircraft, and the Boeing Company's wholly-owned 737 delivery center. The completion center will carry out the interior installation of the 737 aircraft on-board entertainment system, seats, as well as airframe coating and aircraft maintenance and maintenance services, and then deliver the completed 737 to Boeing through the delivery center.
In his speech, Zhejiang Provincial Governor Che Jun pointed out that Boeing is one of the world's largest manufacturers of civil aircraft. The Boeing project will be settled in Zhoushan, which will have a profound impact on the cooperation between China and the United States and the future development of Boeing. .
At the market level, Boeing has responded eagerly to China. Apart from some Zhoushan local and infrastructure stocks, Rifa Seiki (002520, SZ) is the largest supplier of engine heart impeller and blade equipment for Zhejiang local large aircraft project. Among the completed Italian MCM customer base, aircraft manufacturers such as Boeing and Airbus are impressively listed. Previously, Nippon Seiki Co., Ltd. also said that the company's holding subsidiary, Nippon Aviation's paper-based cellular parts processing business has been successfully carried out, and is actively seeking to provide Boeing with supporting components.
In addition, Nanshan Aluminum (600219, SH), which will provide aviation-grade aluminum panels for Boeing aircraft, and Shenyang Xizi Aviation Industry Co., Ltd., the first private aviation company to become a domestic Boeing sub-supplier, are receiving much attention.

Boeing settled in Zhoushan with less industry involved
According to the data, in May 2007, the Airbus A320 series aircraft assembly line project started in Tianjin Binhai New Area, and attracted more than 50 domestic companies such as Goodrich, AVIC Helicopter, West Aircraft Wing, AVIC Fund, and Honeywell. Foreign aviation companies have settled in Tianjin. After nearly 10 years of development, the aerospace manufacturing industry has become one of the eight pillar industries in Tianjin, forming a "three machines, one arrow, one star, one station" industry for large aircraft, helicopters, drones, large rockets, satellites, and manned space stations. In the pattern, Tianjin has also become the only city in the country with two major industries of aviation and aerospace. According to data from the Tianjin Industry and Information Commission, in the first eight months of this year, the total output value of Tianjin's aerospace industry reached 36.77 billion yuan, a year-on-year increase of 29.64%.
According to Boeing's public materials, the Boeing 737 has about 6 million parts and components, and the related industries driven by the aircraft industry are also very extensive. This is also an important reason why many places are fighting for Boeing's first overseas factory.
However, aviation expert Qi Qi told the reporter of "Daily Economic News" that there are actually some misunderstandings about the landing of the Boeing Zhoushan Center. "First, Boeing’s completion center and delivery center opened in Zhoushan this time, The assembly line of passengers in Tianjin is completely different. For example, the introduction of assembly lines refers to the completion of structural assembly and assembly in China, and the attraction of technology introduction and the surrounding industrial chain is huge, and the completion and delivery are only Boeing aircraft. After the assembly of the machine is completed and shipped to China, the final completion of the painting in Zhoushan may be the final link of painting, testing, etc., involving less industry and weaker industrial driving ability."

Does not rule out transfer production technology to China
Qi Qi also pointed out that Boeing's opening of a factory in Zhoushan can also be regarded as an opportunity. "Compared with Europe, the United States has more obstacles on technical barriers. Since it sets a factory precedent outside the United States, it does not rule out the future Boeing Company. Slowly transfer some of the production technology to China. For the Chinese market, this is an absolute positive effect."
According to the data, China is currently the largest overseas market for Boeing. In 2014, Boeing set a new record of delivering 155 aircraft to Chinese customers. At the same time, the company also received more than 400 aircraft orders and commitment orders from more than a dozen Chinese customers.
In recent years, Boeing's share of the Chinese civil aviation market is nearly 50%. On September 13, Boeing released the latest "Current Market Outlook" report for the Chinese market. It predicts that China will need 6,810 new aircraft in the next 20 years, with a total value of 1.025 trillion US dollars (about 6.85 trillion yuan).
Relevant analysis pointed out that Boeing's overseas factory will be launched in China. In addition to boosting the local economy, it will obviously bring some benefits to the joint venture partner, COMAC. Currently, COMAC is in the domestic single-channel trunk aircraft C919. At the critical stage of R&D, there is clearly a huge gap in the organization and management of production compared to Boeing, which has gone through a hundred years, not to mention the huge differences in product and R&D.
The above analysis believes that it is possible to jointly build and operate the world's most advanced single-channel trunk aircraft production system with direct competitors in the future. Although it is not the core assembly process, it can learn about supply chain management, quality control and modern industrial manufacturing. The ability of the system will also bring great improvement to China Commercial Aircraft in terms of relevant business capabilities.

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