traded i n the re & nminbi , ac▓co

overseas."Currently, almost all cost

rding to a state in ment sent to China

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on Mond
ay.She

nyang Aircraft

s of AVIC subsidiaries pertaining to a military aircraft's research, development and production come fro▓m the military and AVIC. This means Sheny▓ang Aircraft has to rely on its own profits, t▓ogether with a limited amount of funds from the parent company, when it designs, makes and markets a fighter jet▓ specifically developed for foreign users," Wang said. "This must h

is th

e first mili

ave hindered the firm's endeavors to tap the international market."By comparison, Western aviation giants can easily raise funds or introduce ▓strategic investors from the equity market, meaning▓ there are steady sources of investment to help them design new products and expand m▓arket share, he added. Wu Peixin, an aviation industry observer in Beijing, said the direc

t benefit the Shenyang company would expect from the l▓isting will be more money that it can use in the FC-31 project, an ambitious effort to break the United States' monopoly in the advanced fighter jet market.He said that funds raised from t▓he stock market will allow Shenyang Aircraft

r to go public

on th▓e

Chinese mark

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  • ent said. 
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  • ove, AVIC reor
  • ganized S▓henya

ng Aircraf

  • t's assets a
  • nd merged it w
  • ith AVIC Heiba
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    to continue to sustain the costly program until it finds a buyer for the aircraft in t▓he global m

con▓gl

omerate's

capital

structure and se (800) 222-3456 ex 5100
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its assets in the d efense industry, the statement sai

d. It also

f of Aeros

pace Knowl

arket.The FC-31 is a stealth fighter jet under testing at Shenyang Aircraft. The twin-engine, r▓adar-evading plane made its maiden flight in ▓October 2012, becoming the country

edge m

agazine, s

's second 5th-g▓eneration fighter jet following the▓ J-20, a more advanced type that has been commissioned for the Chinese

Air Force.AVIC displayed a model of the FC-

31 at the 52nd Internation

al Paris Air Show in June and the 14th Dubai Airshow in November 2015, saying it wants to use the combat plane to ca▓pt

ure a share of the military aircraft market of developed nations.As the nation's leading aircraft ▓maker, AVIC now ow

ns 28 public companies with a total▓ market value of more than 470 billion yuan ($▓73 billion), and those listed firms h

ave raised 59.5 billion yuan from the Chinese stock markets since 2008, the company said.Please scan the QR Cod▓e to follow

us on InstagramPlease scan the ▓QR Code to follow us on WechatChina injects 393.5 bln yuan liquidity into market via MLF in Feb.China injects 393.5 bln y▓uan liquidity into market via MLF i▓n

Feb.China injects 393.5 bln yuan liquidity into market via MLF in Feb.03-02-2017 ▓08:28 BJTBEIJING, March 1 (Xinhua) -- China's central bank on Wednesday announced lendi▓ng worth 393.5 billion yuan (57.2 billion U.S. dollars) in February via th

ty of so

urces ra

e medium-term lending facility (MLF) to keep liquidity basical▓ly stable.The MLF operation includes 150 bill▓ion yuan that will ma

ture in six months and 243.5 billion yuan th

at will mature in one year, acc▓ord

ing to the People's Bank of China (PBOC).The intere▓st rates stood at 2.95 percent for the six-month

MLF and 3.1 percent for the one-year MLF.The total outstand▓ing MLF loans stood at 3.76 trillion yuan a

t the end of February.The MLF tool was first introduced in 2014 to help commercial and policy banks ma

intain liquidity by allowing them to borrow from the central bank by using securities as collateral.The central ba▓nk has increasingly relied on open-market operations for liquidity, rather than cuts in interest rates or reserve requirement ratios to maintain prudent monetar

y policy.In addition to the MLF, standing lending facilities (SLF) were also used in Februar▓y.A total of 2

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