Airbus has selected Shenzhen as the location of its Airbus China Innovation Centre (ACIC). Airbus also signed a memorandum of understanding (MOU) with Invest Shenzhen to establish a long-term strategic partnership to accelerate innovation and shape the future of flight.

“China will be the leader of the future flight. Airbus is willing to define and build the future of the global sky in joint hands with China,” said Paul Eremenko, chief technology officer of Airbus.

“We are pleased with our strategic partnership with Shenzhen,” said Luo Gang, CEO of the ACIC. “The Innovation Centere will benefit from the advantages of policy planning, talent resources, and a favorable investment and financing environment from Shenzhen to impact global aviation innovation. The city boasts global competitive advantages in technology research and development, industrialization, and international expansion.”

The agreement was signed by Gang and Wang Youming, Director General of Invest Shenzhen. The agreement is expected to accelerate research and development (R&D) application; further industrialization of in-flight experience, connectivity, new energy, and urban air mobility (UAM); cultivate an integrated hardware and software ecosystem, relying on Shenzhen’s high-end aviation R&D and advanced manufacturing industry value chain; and establish a technological innovation system, relying on Shenzhen’s innovation ability, talent resources, and business environment. The center will likely benefit from Shenzhen’s advantages in policy planning, talent resources, and investment and financing environment.

“China will surely become a pivotal power in defining the future of the world’s skies,” said Eric Chen, president of Airbus China. “Airbus will continue to deepen mutually-beneficial and multi-dimensional cooperation with China.”

Shenzhen is located in the south of China. It is often referred to as “the Silicon Valley of China”. It boasts competitive advantages in technology R&D, industrialization, and international expansion.

Categories: Industry Talk