Officials with China's major airplane engine producer, the Xi'an Aero Engine Corporation (XAEC), said the company has delivered 150 million US dollars worth of products to its US partner, General Electric, in the past two decades.

The partners held a conference here Wednesday to mark their 20 years of cooperation, said Ma Fu'an, board chairman and general manager of the XAEC.

As one of the earliest Chinese aviation firms launching cooperation with GE, the XAEC began to sell products to GE in October 1984.

Now, XAEC and GE are working on the negotiation of a 30-year-long RSP project, worth nearly 500 million dollars, through which the XAEC is expected to become GE's first venture partner in China's aviation-manufacturing sector.

As the world's largest electric company, GE has set up more than 30 joint ventures and recruited more than 9,000 staff in China. Its total investment in China hit 1.5 billion dollars. The US company sold its first aircraft to China in 1985.

Xi'an Aero Engine Corporation, a major airplane engine production base in northwest China's Shaani province, generated 50.43 million dollars-worth of foreign exchange earnings by contracting the production of engine parts for overseas companies in 2003.

Officials with the XAEC said that the company's foreign exchange earnings are expected to break 60 million dollars this year.