China Encouraging Private Investments In Aviation, Airports | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne Unmanned-
Alt. Wednesdays

Airborne Flight Training-Alt. Wednesdays

Airborne Unlimited-
Friday

Airborne Special Programs!
Airborne-YouTube  Airborne Unlimited--08.03.20 Airborne-Unmanned--08.05.20   NEW! Airborne-Flight Training--07.29.20 Airborne Unlimited--08.07.20  The 2020 Avionics Innovation Preview!

Airborne On ANN

Airborne Unlimited--08.03.20

Airborne-Unmanned--08.05.20

NEW! Airborne-Flight Training--07.29.20

Airborne Unlimited--08.07.20

Airborne's Annual April 1st Episode

Sun, Aug 26, 2018

China Encouraging Private Investments In Aviation, Airports

Some $16 Billion Is Targeted For Increased Competitiveness

China is encouraging private investment in more than two dozen aviation-related projects in an effort to make that sector more competitive globally.

Reuters reports there are 28 projects that need a combined $16 billion in funding. Eleven of those projects already have private investors. For example, the CAAC and the National Development and Reform Commission released a joint statement indicating that the Ezhou cargo airport in Hubei province has already seen an infusion of cast from Chinese courier S.F. Holdings.

The 17 projects still seeking funding include a flight training school, drone delivery development, and support services for a new airport in Beijing, according to the statement.

The government regulators say they will open up more projects to private investment, but did not offer any details about what those project might be.

The IATA says the Chinese aviation market is the fastest-growing in the world, and is expected to surpass the U.S. as the largest aviation market by 2020.

(Image from file)

FMI: Source report

Advertisement

More News

Airborne 08.03.20: Splashdown!, USN Black Female TACAIR Plt, New Wagstaff Course

Also: Boeing Will Remember 2020, 2020 Skydiving Nationals Cancelled, Swedish Medevac PC-24, More Reductions For Gogo Two NASA astronauts splashed down safely in the Gulf of Mexico >[...]

Airborne 08.07.20: NEW King Air 360, Virgin's Mach 3 A/C, B737 MAX NPRM

Also: Aspen Avionics Joins AIRO Group, KC-135 Crew Rescues, Blue Angels Upgrade, Bourke Elected IAC Prez Textron has previewed the next generation of its King Air turboprop family >[...]

Airborne-Unmanned 08.05.20: VSR700 Flies, QF-16 Target, EHang 216 CA FltOps

Also: XPONENTIAL 2020 Goes Virtual, FCC Fines Hobbyking, Drones Protect Sea Turtles, King Schools Giveaway The prototype of Airbus Helicopters’ VSR700 UAS has performed its f>[...]

Aero-News: Quote of the Day (08.07.20)

"We are excited to have this opportunity to work closely with the FAA and the N.C. Department of Transportation to help shape how drones fit into our home country's infrastructure.>[...]

ANN's Daily Aero-Linx (08.07.20)

Aero Linx: Aircraft Owners and Pilots Association of Australia We are the Aircraft Owners and Pilots Association of Australia. Thousands strong, we represent general aviation Austr>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2020 Web Development & Design by Pauli Systems, LC