Airbus to set up innovation center in China
Video PlayerClose
PARIS, July 31 (Xinhua) -- France-based European planemaker Airbus on Monday said it would set up an innovation and research center in China in order to "support (its) future products and services".
"The new Airbus innovation center, which is tasked with defining the future of flight by identifying the next big change to transform the aerospace sector, will serve to strengthen Airbus' extended innovation eco-system," Airbus said in a press release.
"China's fast-paced start-up culture makes it an ideal place for Airbus to create a new innovation center. Growth has come to China from manufacturing, technology and finance nowadays," it added.
A location will be announced at a later date, according to the statement.
The European aircraft manufacturer also named Luo Gang as the center's Chief Executive Officer. He will be charged of establishing "the center to be fully operational when it officially opens later in 2017," it said.
Luo had a degree in electrical engineering from Tainjin University and an MBA from the London Business School.
Related articles
South African boxer Dingaan Thobela, 'The Rose of Soweto,' dies aged 57
JOHANNESBURG (AP) — South African boxer Dingaan Thobela, a two-weight world champion known as “The R2024-05-01Paris Olympics flame to be lit with elan at Greek cradle of ancient games
ANCIENT OLYMPIA, Greece (AP) — One way or another, the flame that’s to burn at the Paris Olympics wi2024-05-01- NEW YORK (AP) — Harrison Bader walked into a new clubhouse for the third time in 18 months and felt2024-05-01
Ethiopian region looks to develop tourism
In Oromia, Ethiopia's largest regional state, local and Chinese tourism experts are collaboratin2024-05-01HSBC CEO Noel Quinn plans to retire
HSBC, Europe’s largest bank, says that CEO Noel Quinn plans to retire after serving nearly five year2024-05-01Dortmund face striker problem ahead of Atletico clash
Borussia Dortmund are facing a striker problem ahead of their delicate UEFA Champions League duel ag2024-05-01
atest comment