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China's aviation market is one of the fastest-growing in the world, with passenger traffic expected to reach 1.5 billion by 2030. This growth is being driven by a number of factors, including the country's rising middle class, increasing urbanization, and growing demand for business travel.
The Chinese government is a major purchaser of aviation products and services, with an annual procurement budget of over $100 billion. The government procures a wide range of aviation products and services, including aircraft, engines, avionics, and maintenance services.
The main aviation products and services procured by the Chinese government include:
Commercial aircraft: The Chinese government is the world's largest purchaser of commercial aircraft. In 2021, the government procured over 600 aircraft from a variety of manufacturers, including Airbus, Boeing, and Comac.
Engines: The Chinese government is also a major purchaser of aviation engines. In 2021, the government procured over 1,200 engines from a variety of manufacturers, including Rolls-Royce, Pratt & Whitney, and CFM International.
Avionics: The Chinese government is increasingly procuring avionics from domestic manufacturers. In 2021, the government procured over $10 billion worth of avionics from Chinese companies.
Maintenance services: The Chinese government is also a major purchaser of aviation maintenance services. In 2021, the government procured over $20 billion worth of maintenance services from Chinese and foreign companies.
The top authorities responsible for aviation procurement in China are:
Ministry of Industry and Information Technology (MIIT): MIIT is responsible for formulating and implementing policies related to the development of China's aviation industry.
Civil Aviation Administration of China (CAAC): CAAC is responsible for regulating the safety and security of China's aviation industry.
China Aviation Industry Corporation of China (AVIC): AVIC is a state-owned conglomerate that produces a wide range of aviation products and services.
The top winners of China aviation procurement contracts in recent years include:
Airbus: Airbus is the largest supplier of commercial aircraft to China. The company has delivered over 6,000 aircraft to Chinese airlines.
Boeing: Boeing is the second-largest supplier of commercial aircraft to China. The company has delivered over 5,000 aircraft to Chinese airlines.
Rolls-Royce: Rolls-Royce is the largest supplier of aviation engines to China. The company has supplied over 10,000 engines to Chinese airlines.
Pratt & Whitney: Pratt & Whitney is the second-largest supplier of aviation engines to China. The company has supplied over 8,000 engines to Chinese airlines.
CFM International: CFM International is a joint venture between GE Aviation and Safran that supplies aviation engines to China. The company has supplied over 5,000 engines to Chinese airlines.
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