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XiamenAviation Industry Co., Ltd.,(XAICO) established in 1994, with the registeredcapital RMB 200 million, is a joint-venture limited company with independentlegal personality, founded by seven enterprises as Xiamen CCRE Group CO., Ltd.,China Xiamen Corporation for International technolo-Economic Coopration, XiamenAirlines Co., Ltd., Iport Group, China Life Investment Holding Company Limited,Xiamen ITG Group Corp., Ltd, and Xiamen Tourism Group.It is responsible for investment attraction, enterprise service and infracturalconstruction of Xiamen Gaoqi Aviation Industry Zone. So far, the zone hasformed an aviation maintenance industry cluster by the leading enterprise,HAECO (Xiamen) Aircraft Engineering Co., Ltd., and other aviation maintenancecompanies.