The Kansas World Trade Center signed a cooperation agreement with the China Aviation Industrial Base Friday at City Hall following a meeting between local and Chinese officials.
The next steps is expected to be the creation of liaison offices in Wichita and the Chinese city of Xi'an. The Wichita office is expected to become a purchasing center that facilitates Wichita exports to China.
The Chinese group offers a direct market opportunity for American suppliers in commercial and general aircraft segments, said Karyn Page, president of the Kansas World Trade Center.
China's import market for aircraft parts and components is valued at more than $7 billion and experienced a 25% increase compared with the same period last year, according to a U.S. Department of Commerce. A number of aircraft and parts manufacturers are scattered around China, but the sector remains reliant on imported products and technologies.