US. Secretary of Commerce William M. Daley (L) shakes hands with Chen Guangyi, China's Minister Gene.....
US. Secretary of Commerce William M. Daley (L) shakes hands with Chen Guangyi, China's Minister General, Administration of Civil Aviation of China (C), to close a $3 billion order for 50 jets made by Boeing Co., sealing a deal timed to coincide with the U.S. visit of [Chinese President Jiang Zemin], October 30. Also attending the ceremony were Yin Wenlong, President and Chairman of Air China (C); Ronald B. Woodard, President of Boeing Commercial Airplane Group, and Bai Zhi Jian, President of China Aviation Supply Company (R). The order is for over thirty Boeing 737s, one 747, and several 757s and 777s.