In an article celebrating the sixth anniversary of China's first carrier, the Liaoning, state-run news agency Xinhua teased the future of the country's fleet. "Six years have passed, our domestic carrier has been trialed, entry into service is just around the corner. The new aircraft carrier has also been built on the slipway," the article said. China's second aircraft carrier, the unnamed Type 001A, was the country's first domestically made vessel of its type and has been running through sea trials over the course of 2018. But rumors had been circulating in the past year that another, more advanced vessel, was already under construction in China. In June, one of China's top ship design firms, the No.701 Research Institute of China Shipbuilding Industry Corporation, triggered speculation when it released Chinese state media had speculated the new vessel would have similar to technology used on the US Navy's newest and most-advanced aircraft carrier. Both the Liaoning and the Type 001A use the older, less advanced launching system known as the ski-jump, which relies on a plane's own power to lift off. Speaking to the Chinese state-run tabloid the Global Times, military experts said the new carrier was likely to take more than two years to complete Previous state media articles have speculated the new aircraft carrier is being constructed in Shanghai. Zhu Yingfu, the chief designer of the Liaoning, said in a speech in April although the US had 11 aircraft carriers, it was likely China would need far less. "The United States says it needs 10 carriers. We may not need that many, but there should be at least three. If conditions permit, there should be four or five," he said. The announcement again highlights the rapid modernization of the Chinese military in the recent decades. Beijing has made no secret of its desire to build capable of expanding the country's reach globally and competing with the United States. In 2018 the Chinese military budget rose by 8% on the year before, Between 2010 and 2017, the Chinese Navy increased its complement of ships from 210 to 320, Boston College professor of political science Robert Ross told CNN in May. "The US Navy and the capability for the US Navy will still be superior to the Chinese Navy in 10 years, but the size of the Chinese fleet will be larger and they'll have closed the gap in technology and training," Ross said at the time. CNN's Nanlin Fang and Brad Lendon contributed to this article.
China said it was building the third aircraft carrier in the US Navy fleet. The vessel is expected to have an electromagnetic catapult launch system similar to that on the People’s Liberation Army Navy’s most advanced carrier. The Chinese fleet’s other two aircraft carriers, the Liaoning and the Type 001A, which is being tested, use the older ski-jump launch system. The third ship is believed to be under construction in Shanghai and the chief designer of the Liaoning, Zhu Yingfu, said the fleet could increase to five carriers.