During the official visit to China, Russian President Vladimir Putin signed an agreement on cooperation in the joint development, manufacturing, commercialization and after-sales support of the wide-body long-haul passenger aircraft.

The joint venture will be registered in the People's Republic of China on principles of parity.  On behalf of the United Aircraft Corporation (UAC) the contract was signed by its President Mr Yury Slyusar and on behalf of the Commercial Aircraft Corporation of China (COMAC) by the Chairman Mr Jin Zhuanglong.

"The signature of these documents highlights further development and strengthening of relations between Russian and Chinese aircraft manufacturers. This event opens up new opportunities for creation of the wide-body aircraft - competitive and commercially successful in the global market”, - said Yury Slyusar. 

The two countries reached agreement to build a wide-body passenger aircraft in May 2014. According to the newly signed joint venture agreement, there will be a widebody aircraft family developed but the estimated number of airliners was not disclosed.