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state-owned or state-holding airports.▓Private capital is permitted in particip▓ating in the construction and operation of▓ civilian airports and their affiliat▓ed facilities via franchising, transfer of operation or stock right, and entrusted operation.Private investment no longer needs the agency's approval to fund terminals, logistics and warehousing, g▓round services and other operations of entirely civilian airports.Qualified private and foreign investment are now admitted to providing in
term▓ediary services such as counseling, designing and maintenance to civilian airports, according to the guideline.The cou▓ntry also fully opens the market of general avia▓tion airport construction, launchpad for a fledgling industry with a market value
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eral airports and other market entities, CAAC said.China will become the world's first aviation market to exceed o
can the QR Code
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- fully o▓pens civilian airport marke
- t to priv▓ate capitalChina fu
- lly opens civilia▓n airport market
to private capit
ne trillion U.S.▓ dollars in value in 20 years, according to a forecast by the U.S. airplane giant ▓Boeing.The country is predicted to deman
alChina fully opens
d▓ 6,810 new airplanes over the next two decades, with the total value of new aircraft reac▓hing 1.025 trillion dollars.However, insufficient number of civilian airports especially general airports is hampering China's ability to meet the de▓mands of a booming consumer market, fueled by rising income and more service consumption.Openin▓g the door to private capital is bel▓ieved to alleviate the government's financial pressure and accelerate the building of civilian▓ airports. Please scan the QR Code to follow us on InstagramPlease scan the QR ▓Code to follow us on WechatChina's red-hot property market in major cities has shown signs of cooling after authorities stepped in with a spate of measures to contain sky-high prices, an official survey showed Friday, citing fresh data f