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China to Compete With Boeing and Airbus
By announcing plans to build a plane that can carry more than 150 people, China has officially become a competitor of Boeing and Airbus. The larger jets won't be finished until 2020 at the earliest, but the China Aviation Industry Corporation has already started building a smaller, regional plane that can carry up to 105 people.
Increased wealth in China has made flying a more viable means of travel for it's citizens. In light of the air travel boom, the country will need to purchase an estimated 2,230 planes before 2025. Thus, according to the State Council, China's firms are committed to constructing an "internationally competitive product" that can take a share of the market.
With mass production on the mid-size ARJ-21 regional jet set to begin later this year, it sounds like it won't be long before you'll be flying on Chinese-built planes when you travel within the country.
