An aircraft engine and parts production project will soon start construction in the Guiyang National High-tech Industrial Development Zone (Guiyang HIDZ) in Guiyang, capital of Southwest China's Guizhou province.
The project is expected to improve the engine industrial chain in the Guiyang HIDZ.
The industrial chain mainly involves the polishing of engine blade parts, engine rotating parts, casing, and heat surface treatment of parts.
Investment in the industrial chain has totaled about 1 billion yuan ($150.04 million), and its annual output value is expected to reach about 2 billion yuan.
The newly-introduced aircraft engine and parts project will be funded by Guizhou Liyang International Manufacturing Co.
Guizhou Liyang International Manufacturing Co focuses on the R&D and manufacturing of aerospace power components.
Its products include core components of civil aviation engines, aircraft nacelle parts, national scientific research model tasks, ground gas turbine parts, oil drilling equipment parts, and Huawei submarine optical cables.