Aerospace firm AVIC in Fortune rank list
By Xin Dingding | China Daily | Updated: 2009-07-10 08:05
China's aerospace and defense corporation, AVIC, has nudged into Fortune's Global 500 list for the first time.
Aviation Industry Corporation of China, the nation's leading aircraft manufacturer, ranked 426th in the Fortune Global 500 list revealed on Wednesday, with sales revenue of $21.738 billion and profits of $568 million.
It was the 11th largest in the field of aerospace and defense, placed ahead of Bombardier.
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