Russian President Vladimir Putin announced at the APEC summit that Russia and China are studying the possibilities of manufacturing large cargo helicopter and wide-body aircraft together, reported by the Voice of Russia.

Purin introduced that the helicopter will be designed to carry 20 tons of cargo. The enterprise might be established at some helicopter base in Russia.

"Chinese partners have expressed their expectation of developing this new generation helicopter together with us. We have been engaged in working on this. Besides, we are also considering manufacturing this type of aircraft in the Far East Area." said Putin.

He added that Russia is now coordinating with Chinese partners on the issues of manufacturing wide-body aircraft. He said, "We know that this is a difficult mission. The market is actually dominated by the two giant plane manufacturers in Europe and America. But we should strive to find our own position through fair and honest competition."