China-developed AEF1200 engine makes debut at 15th Airshow China

China's domestically developed large engine AEF1200, along with other star products, made their debut at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China, which opened in the southern coastal city of Zhuhai on Tuesday.

The AEF1200 stands out among the 67 products the Aero Engine Corporation of China (AECC) has brought to the exhibition, and nearly half of the products are making their debut. The powerful engine is designed to support future models of large transport aircraft.

"We can see here our major products for gas turbine engine (military and) civil aircraft, like the AEF1200 which we put in a prominent position. This is China's first model with large bypass ratio and high thrust," said Yang Lufeng, vice general manager of the AECC.

The AECC has also set up general aviation and low-altitude economy exhibition zones at the airshow, showcasing diverse products that accommodate emerging markets and new application scenarios.

"Here we have the AEP100 engine that supports general aviation and low-altitude economy, which we have full intellectual property rights. A dual-engine setup can support up to 10-ton transportation aircraft, while our small turbofan engine can be the power choice for high-altitude drones," Yang said.

The airshow will run till Nov. 17.

China-developed AEF1200 engine makes debut at 15th Airshow China

China-developed AEF1200 engine makes debut at 15th Airshow China

China-developed AEF1200 engine makes debut at 15th Airshow China

China-developed AEF1200 engine makes debut at 15th Airshow China

China's foreign exchange reserves stood at 3.3421 trillion U.S. dollars at the end of March 2026, down 85.7 billion dollars, or 2.5 percent, from the end of February, official data showed on Tuesday.

The State Administration of Foreign Exchange noted that in March, the U.S. dollar index rose, while prices of major global financial assets declined, influenced by the global macroeconomic environment, monetary policies of major economies, and market expectations.

The combined effects of exchange rate conversion and changes in asset prices led to a decrease in China's foreign exchange reserves during the month, the administration said.

China's economy registered steady and improving performance during the period, with new and higher-quality development momentum. Its steady performance provided solid support for keeping the scale of the country's foreign exchange reserves basically stable, according to the administration.

China's foreign exchange reserves decline in March