Boeing invests in Chinese research centre

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By TESTCustomwebLP TESTCustomwebLP October 22, 2010 09:45

Boeing invests in Chinese research centre

Boeing has announced plans to invest $7.5 million to formally establish a joint research centre with Tsinghua University of China to develop aircraft cabin environments, advanced materials, computer science and industrial designs.

The centre will also include a grant for the Chinese Academy of Social Sciences to investigate the application of biofuel extracted from algae for civil aircraft.

Boeing will invest $1 million dollars annually over the next five years to the research centre in cooperation with Tsinghua University, but both countries will share the results of the research.

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By TESTCustomwebLP TESTCustomwebLP October 22, 2010 09:45
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