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GE Aerospace CEO Larry Culp was ​seen on Friday in Beijing leaving a ‌meeting at the headquarters of China's powerful state planner, the National Development and Reform Commission, according to ​a Reuters witness.

Culp's visit to the ​NDRC building comes after U.S. President Donald ⁠Trump told Fox News that following talks ​in Beijing with his Chinese counterpart Xi Jinping ​on Thursday China had agreed to order 200 Boeing BA.N jets, its first purchase of U.S.-made commercial jets in ​nearly a decade.

As Boeing's primary engine supplier, ​GE Aerospace also stands to gain from the purchase ‌agreement, ⁠even if it fell far short of the roughly 500 jets the markets had expected, causing both companies' shares to fall.

Culp, along with Boeing ​CEO Kelly ​Ortberg, are ⁠part of a business delegation of more than a dozen U.S. ​conglomerate executives accompanying Trump on his ​first ⁠state visit to China in almost a decade.

GE Aerospace did not immediately respond to a ⁠request ​for comment on the purpose ​of Culp's NDRC visit.


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