According to the forecast, in the next 10 years, the global turbofan/turbojet engine accumulative total demand will exceed 73600 units, worth over USD 416 billion; total demand for turboshaft exceed 34,000 units, worth over USD 19 billion; turboprop engine total demand exceeds 1.6 million units, worth over USD 15 billion; piston engine cumulative total demand over 33,000 units, accounting for more than 60% of the general aviation power market, worth USD 30 billion. At the same time, the domestic trunkliner market demand for large turbofan engine total amount exceed 6000 units, worth more than USD 50 billion, also the opening of low-altitude airspace will further stimulate the general-purpose plane on the vortex shaft, piston engine needs.

After the plan of Made in China 2025 and Five Aero Engine Demonstration Project issued, aero engine industry is expected to obtain above one hundred billion yuan special funds to support the domestic aero engine R&D and manufacturing. Combined with the matching funds, there will be more than 200 billion yuan to support aero engine in the next five years. Under this strong support of policies and funding, aero engine industry will step into the historical opportunity.

China Aerospace Propulsion Technology Summit 2017 (hereinafter CAPTS2017) is intended to promote the development of aerospace propulsion technology and the improvement of research and development capability, and provide strong technical support for aero engine industry. On behalf of the organizing committee, we sincerely invite you to this year's event, which will be held in Shenyang, on May 24th - 25th , 2017, to discuss aero engine new R&D and manufacturing trends. Hope the CAPTS series activities can bring you the maximum value.

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