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Zhuhai Air Show draws in over $40 bln
November 7, 2016, 9:45 am

China's CH-5 unmanned aerial vehicle (UAV), also known as "Rainbow 5", also debuted at the airshow [Xinhua]

China’s CH-5 unmanned aerial vehicle (UAV), also known as “Rainbow 5”, also debuted at the airshow [Xinhua]

The 11th China International Aviation & Aerospace Exhibition in Zhuhai, in south China’s Guangdong Province, closed on Sunday with a total of 402 deals worth over $40 billion, organizers said.

The six-day exhibition attracted more than 700 exhibitors from 42 countries, and showcased mainly Chinese defense equipment including the J-20 stealth fighter. Although it debuted at the airshow, the J-20 will not be fully operational until 2018, the Chinese air force says.

Commercial Aircraft Corporation of China (COMAC) sold almost 100 aircraft, a mix of commercial and fighter jets, during the event

“In 2014, our display was 5,300 sq. meters (more than 57,000 sq. feet) and it was crowded; this time it’s 8,000 sq. meters, and it feels just as crowded,” said Wei Lin, deputy director of research and development at China North Industries Corp.

China’s biggest arms maker unveiled a new VT-5 lightweight main battle tank, targeting developing countries lacking infrastructure such as bridges that can support heavier vehicles.

The BRICS Post with inputs from Agencies