GE 2008 Annual Report Download - page 12

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Shanghai, China
Air travel is booming business in China, as an
estimated 50 new airports will be built in the
next five years. At a COMAC facility in China
(main photo), workers prepare a GE CF34-10A
engine to be installed on an ARJ21 aircraft.
Taking relationships to new heights.
Technology Infrastructure
When China’s first domestically developed regional jet took flight in 2008, two GE
CF34-10A engines provided the propulsion. The ARJ21 regional jet is the result of close
collaboration between our Technology Infrastructure’s Aviation business, other leading
aerospace companies, and the state-owned Commercial Aircraft Corporation of China,
LTD (COMAC). It represents a $6 billion opportunity for GE Aviation. More importantly,
from R&D at our Global Research Center in Shanghai to GE Commercial Aviation Services’
purchase of five with the option for 20 additional ARJ21 aircraft, this endeavor demonstrates
GE’s ability to truly partner with a country for mutually beneficial growth.
As China’s second- and third-tier cities undergo rapid expansion in the years to come,
our businesses will be positioned to help fill insatiable demand for power generation,
healthcare, transportation, and financing in a way no other company can.