Boeing Co sealed deals worth $10 billion with two airlines in China, the world's fastest growing market that is likely to buy more than 2,000 aircraft over the next five years.

China expects to order 1,100 new transport aircraft and 1,000 general aviation aircraft, Wang Changshun, vice minister of the Civil Aviation Administration of China, said at an Asian aerospace conference on Tuesday.

On the other hand, airbus SAS, the world's largest passenger aircraft maker, said that it expects airlines in Asia to take delivery of 8,560 aircraft in the next 20 years, representing a third of the global total.