Oct 21 — State-owned Assets Supervision and Administration Commission (SASAC)
director Cheng Fubo met Airbus CEO Guillaume Faury to discuss deepening
communication, market access and cooperation. Cheng said Airbus’ presence in
China has broadened collaboration with central SOEs and that the Airbus Tianjin
final assembly line project is implemented and delivering results. He said
central SOEs will push reform-driven upgrading of traditional industries, expand
advanced manufacturing and cultivate strategic emerging and future industries,
creating additional demand and opportunities for cooperation. Both sides said
they will seek to steady expand ties focused on new-technology R&D, supply-chain
construction and low-carbon fuels to support stable China–EU trade.