Pakistan Defence
China will construct two conventionally powered aircraft carriers in Dalian and Shanghai between 2014 and 2015, a source from China's Central Military Commission has told Duowei News, an outlet run by overseas Chinese.
Under the Commission's Project 048, China aims to establish three carrier battle groups by 2020 so that all three major fleets of the PLA Navy will be able to carry out missions with the full support of an aircraft carrier. The two new Type 001A indigenous carriers will be updated versions of China's first aircraft carrier, the Liaoning, which was originally a Soviet-era Admiral Kuznetsov-class aircraft carrier purchased from Ukraine in 1998. They will also likely be designed with a ski-jump ramp, according to Duowei.
Sources said that the General Equipment Department of the PLA has already signed a contract with the Beijing-based China Shipbuilding Industry Corporation to build the two carriers. The price of the two vessels is estimated to be worth US$9 billion.
New aircraft carriers to be built in Dalian and Shanghai: source｜Politics｜News｜WantChinaTimes.com