China's first domestically made aircraft carrier will be launched next year and will be commissioned between 2015 and 2016, according to a Hong Kong magazine.
After the launch of the first carrier, China will bring a second one on stream two years later, the Mirror said in its December edition, which was made available to the CNA in advance.
The Chinese-language magazine also said that mainland China plans to build a superb first-class Navy over 20 or 30 years.
In the first decade, China will build three aircraft carrier fleets while in the second decade, it will build two nuclear-powered aircraft carriers, the report said.
The magazine forecast that China will launch its first nuclear- powered aircraft carrier no later than 2020.