The wide-body commercial jet co-developed by China and Russia was named CR929 on 29 September 2017. Video reference:
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The China-Russia Commercial Aircraft International Corporation Limited (CRAIC) 50-50 joint venture was launched on May 22, 2017 in Shanghai, targeting a 2025-2028 maiden flight and first delivery. It aims to take 10% of a market dominated by Boeing and Airbus of 9,100 widebodies over 20 years through 2035, with a plane 10-15% cheaper to run. Based in Shanghai where the assembly line will be located, CRAIC will oversee the programme : technology development, manufacturing, marketing, sales, customer services, and programme management. The fuselage will be aluminium, total investment will be $13-20 billion.
For 2023–45, UAC and Comac forecast a 7,000 widebodies demand for $1.5 trillion - an average of $214 million, their goal for first delivery is 2027. The 280 passengers capacity over 12,000 km is comparable to the Airbus A330-900 but with a nine-abreast economy seating, the shrink would seat 230 while the stretch 320. Major suppliers will be picked among 169 companies by the end of 2018, as detailed design should be completed and a joint engineering center in Moscow with a branch in Shanghai will oversee development, employing around 100 engineers from both countries. Comac's will be in charge of the fuselage sections, horizontal and vertical stabilizers, wing fairings, nose cone and landing gear; UAC will develop the composite wing, wing flap systems, engine pylons and main landing gear, with Chinese manufacture if it is cheaper.

For Russia, Moscow will provide the know-how and technology, while Beijing will be responsible for the cash. China could see the joint venture involving joint financial investments, rather than an intellectual property sale, as Russia wants with the research and development center in Moscow and the aircraft manufacturing in Shanghai.
It will be named CR 929 (CR stands for China-Russia) and will come in three variants: the -500 will carry 250 passengers in three-classes with a range of 14,000 km (7,560 nmi), the -600 will have 280 seats and a range of 12,000 km (6,480 nmi) and the -700 will carry 320 over 10,000 km (5,400 nmi). Concept approval is slated for 2017, early configuration and preliminary design for 2018, design documentation for 2021, first flight for 2023 and introduction for 2025. It will be powered by a western engine at first before an indigenous power plant is developed between Russia's United Engine Corporation and China's AECC, to start testing in 2022 and be certificated in 2027.

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