China Has a Powerful Air Force (and One Big Flaw It Can't Easily Fix)
China is determined to close that gap, but it has not yet succeeded in doing so. Last year, Beijing setup the Aero Engine Corp. of China (AECC) as part of its efforts to solve the problem. The firm has $7.5 billion in capital and 96,000 employees. According to a CNN report, Beijing's most recent five-year development plan states that developing and producing indigenous engines is one of China’s most important goals.