China to Become Major Air Transport Market

Home>>Business

Last updated at: (Beijing Time) Saturday, November 02, 2002

China to Become Major Air Transport Market

China is expected to become one of the world's leading air transport markets in 20 years, a Chinese academic report predicted.

DISCUSSION

CHINESE

SEND TO FRIEND

China is expected to become one of the world's leading air transport markets in 20 years, a Chinese academic report predicted.

Professor Hu Naiwu, the author of the report, of the People's University of China, quoted a forecast by the Boeing Company by saying that China's air transport would grow at an annual rate of 8.1 percent in the next 20 years, almost double the world average growth rate.

But, Hu said, the scale of China's cargo transport was inconsistent with its status as the leading transporter. The volume of China's cargo made up only 1.9 percent of the world's total, compared with 7.7 percent for Japan and 7.2 percent for theRepublic of Korea.

He suggested China's air transport sector should look for new sources of goods, raise its transport capacity and improve ground facilities.

Questions?Comments? Click here

Beijing Capital Int'l Airport Ranks World 28th in Goods Traffic

ASEAN, China Agree to Liberalize Air Freight Services

China Starts Working out Law on Citizen ID Card ( 2 Messages)

China's Largest Compact Disc Plant Operational in Hangzhou ( 2 Messages)

Taiwanese Lawmakers Propose Charter Flights to Chinese Mainland ( 35 Messages)

Top Pick Yao Ming Goes Through "a War" in His NBA Debut ( 2 Messages)

China's First Gold Exchange Opens for Trade ( 3 Messages)