From the organisers of Global ABS & ABS East, IMN is excited to announce…

The theme of the 49th issue of Haiyi Lecture, "China's direct investment in the EU focuses on EV battery production" will be shared online from 15:00 to 16:00 on September 11, 2023. Lecturer: Mr. Csaba Moldicz, Director of the School of International Relations and Center for International Economy of Matthias Corvinus Academy Foundation, Hungary. Moderator: Niu Li, Executive Director of Haiyi Institute, Host: Haiyi Institute.

According to the COMAC Market Forecast Annual Report 2021-2040,the Chinese aviation market will receive 9,084 passenger aircraft in the 50-seat class and above over the next two decades,valued at approximately US$1.4 trillion.By 2040,China's fleet will reach 9,957 aircraft,representing 22% of the global passenger fleet,making it the world's largest single aviation market. At the same time,US$390 billion in demand for maintenance and engineering services will be generated over the next 20 years.

According to COMAC's Annual Market Forecast, in the next 20 years, China's airlines will receive 9,084 new aircraft, with a market value of about US$1.39 trillion (based on the 2020 list price). Combined with the fact that engines account for 22% of the cost of civil aircraft, it is estimated that the average annual size of the civil aviation engine market will reach US$15.3 billion in the next 20 years.

According to the latest forecasts of major aircraft manufacturers for 2021, the civil aviation market affected by the epidemic is about to recover.