A: The BBC reported on February 10th that the original question: Can China rule the aircraft manufacturing industry? There is a Chinese proverb: If there is a will, it will happen. In the past few years, this has been verified by the Chinese, especially in the world business arena, more and more Chinese companies are becoming global leaders in various fields. But now, they are facing the most severe test.
China has set its sights on commercial aircraft manufacturing – a field that is believed to be more obstacles and stumbling blocks than any other industry. Richard Bisenggo, a senior researcher at the Raya Lenan International Research Institute in Singapore, said that “the threshold for entering the commercial aircraft manufacturing industry is extremely high and not just about technology.”
COMAC is taking on the responsibility of helping Beijing enter the field. Founded in 2008, the company put the treasure on its 168-seat C919 single-aisle aircraft, hoping the model will be the starting platform. It is predicted that the relevant market will be worth 20 trillion US dollars in the next 20 years, most of which will come from Asia.
However, China Commercial Aircraft faces fierce competition. The leader in this field is the Airbus A320 and Boeing 737 with orders exceeding 10,000. "China enterprises are encountering the world's most powerful monopoly," Bi Shengge said. "Almost all airlines in the world have 100 or more jets, which are manufactured by Airbus and Boeing." Other companies are also eyeing. Bombardier's C-series models are most likely to be potential competitors for the Big Two. In view of this, Chinese products may be more difficult to enter the market.
For Chinese companies, the bigger obstacle may be to win the trust of customers and make them believe that China can produce safe and reliable aircraft. The reputation of this country on security issues may become a stumbling block. “People think China lacks a strict quality control system,” said Standard & Poor’s aviation industry analyst Suk Yusov. “We don’t know if this is true. But in terms of aircraft manufacturing, the concept is everything.”
Many key components of China's C919 including the engine are provided by foreign companies. This should help alleviate the concerns. But experts say that these components will eventually be assembled in Chinese factories, and the lack of relevant experience of the Chinese may raise some concerns.
COMAC also has an advantage – no need to rely on global orders, at least not yet. China is one of the fastest growing aviation markets in the world and may need a large number of single-aisle aircraft in the next 20 years. “This is their domestic territory... they may get some protective access,” says industry analyst Swahda Days. “If the aircraft performs well over time and there are no major problems, It is not excluded that it will be able to show its talents in the global market." (Author by Pannet Pell Singer, translated by Wang Huicong)