Standing in front of a Boeing 737 jetliner, colorfully painted with the logo of the World Expo now going on in Shanghai, Secretary Clinton said the aerospace industry is the United States' leading export sector, with every $1 billion in aviation sales translating into 11,000 jobs for American workers.
Currently, more than half the commercial jetliners operating in China are made by Boeing, and some 450 more are on order. Secretary Clinton said they only represent a fraction of the $400 billion China is likely to spend on commercial jetliners if it triples its commercial aviation fleet by 2028 as projected.
Secretary Clinton said, "If Boeing captures a significant portion of those sales, it will translate into tens of thousands of additional good jobs for American workers. And the growth of air travel in China and the region will create new jobs here and abroad. President Hu has rightly called Boeing's role in China a 'win-win' for both countries."
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