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|BEIJING Customized Atletico Madrid Jerseys , Nov. 4 (Xinhua) -- Boeing is expanding its globalpresence with a newly-established services group, and gearing up toexplore the Chinese market with "strategic importance", accordingto a senior group executive.
Amid a dynamic global aviation market, the U.S. aerospace giantsees "tremendous opportunities" from the long-chain service sector,especially in Asia.
"With China as a sustainable power, Asia is a region that welook to Atletico Madrid Women's Jersey ," Mike Fleming, vice president of commercial services ofBoeing Global Services Group.
In July, Boeing launched Boeing Global Services as its thirdmajor business after Commercial Airplanes and Defense, Space andSecurity.
Headquartered in Dallas, the new group integrates the servicescapabilities of the government, space and commercial sectors in asingle Diogo Jota Atletico Madrid Jersey , customer-focused business.
The new unit will offer innovative services in four key areas:supply chain; engineering, modifications and maintenance; digitalaviation and analytics; and training and professional services.
"Boeing values highly the Asian market with China as a surgingpower. We have done a lot and we will expand our presence inChina," said Fleming.
The service volume in Asia is forecast to reach 3.2 trillionU.S. dollars by 2036 period, with annual average growth of 5.3percent, compared with the global figure of 4 percent.
According to Boeing's latest market outlook, China is expectedto need 7 Nicolas Gaitan Atletico Madrid Jersey ,240 new aircraft over the next 20 years, valued at nearly1.1 trillion U.S. dollars.
In May, Boeing started construction of the first overseasproduction system of its most popular 737 aircraft in the eastChina port city of Zhoushan, with a completion center and thedelivery center.
A year earlier, it launched a 737-800 Boeing converted freighterprogram in Shanghai, looking to serve the growing e-commerce andexpress delivery sectors.
And in July this year Yannick Carrasco Atletico Madrid Jersey , Boeing Shanghai Aviation Servicesannounced a maintenance agreement with leading Chinese air expresscarrier SF Airlines for its Boeing Classic 737 and 767-300freighters.
With the largest all-cargo fleet in China, SF Airlines has 39aircraft comprising Boeing 767s, 757s and 737s.
"Aerospace service represents one of Boeing biggest growthopportunities for the future. No doubt, China is of strategicimportance to our presence in the market," Fleming said.Enditem
LONDON, Nov. 1 (Xinhua) -- A partnership between government-backed green finance initiatives in Britain and China has made a number of recommendations in a report that will help grow green finance across the globe Angel Correa Atletico Madrid Jersey , said a press release from the City of London Wednesday.
The report, titled Turning Green Momentum into Actions, is the latest contribution from the UK-China Green Finance Taskforce, which was set up by the Green Finance Initiative (GFI) of the City of London and its Chinese counterpart, the Green Finance Committee (GFC) of the China Society for Finance and Banking.
Green finance includes private sector investments in technologies, infrastructure and innovative start-ups that can create jobs and allow businesses to expand Augusto Fernandez Atletico Madrid Jersey , boosting economic growth while reducing greenhouse gas emissions.
Britain is already a world-leader in green finance and further development will not only assist the transition to a low carbon economy, but also ensure London remains the world's leading global financial centre, according to the release.
A key recommendation of the report, and one that has been supported by the People's Bank of China, is the formation of a Green Belt and Road Investor Alliance, which is made up of representatives involved in infrastructure projects including those from multilateral development banks Kevin Gameiro Atletico Madrid Jersey , banks, asset managers, pension funds and contractors from across the globe.
They will work on a new definition for green infrastructure and explore how to combine green finance and the Belt and Road markets, making projects sustainable and profitable.
The alliance will also look to create a financial structure and assessment process that enables private investors to invest alongside the development banks to maximize the amount of capital being deployed along the Belt and Road.
GFI Chairman Sir Roger Gifford said: "The innovative products that both the UK and China are promoting show that the global financial system can not only help to meet environmental and climate concerns on a commercially viable basis, but also serve to unlock vast untapped investment opportunities."
Edward Northam, head of the Green Investment Group Saul Niguez Atletico Madrid Jersey , said the Belt and Road Initiative is "a monumental undertaking with the potential to promote green economic growth across a number of geographies".
"We're excited to be a founding member of the Investor Alliance and hope our experience of developing our guiding green investment principles will help the Alliance meet its stated goal of harmonising existing green standards," said Northam.
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