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CAAC 's Fixed Asset Investment Hit 91.7 Bn Yuan in 9th Five-year Plan Period
China's aviation is expected to report 91.7 billion yuan of investment in fixed assets in the period of the Ninth Five-Year Plan, of which 68 billion yuan has gone to capital construction, 1.3 billion yuan to technical renovation, and 9.4 billion yuan to the purchase of vehicles, ships and airplanes.
It is learnt from related CAAC departments that the above-said investments have brought about the following changes in: improved a group of general aviation operation bases, shortened the interval of fights under radar supervision in the air routes of Beijing-Guangzhou, Beijing-Shanghai, Shanghai-Guangzhou and the terminals areas of Beijing, Shanghai, Guangzhou, Xi'an, Chengdu and Shenyang, successively exercised radar controls in Beijing terminal area, Zhuhai and Guangzhou areas, and launched the construction of the three big control centers--Beijing, Shanghai and Guangzhou. The construction of air control facilities has enabled China's aviation air control system to play an active and important role in ensuring flight safety, increasing the effective use of air space and perfecting system maintenance and services means.
The capacity of China's aviation infrastructures has been greatly improved. It is estimated that by the end of 2000, 40 airports will have been completed, enlarged or renovated; the capacity of oil storage will be added by 400,000 cubic meters and the comprehensive oil storage capacity will reach 1.3 million cubic meters. In addition, with the newly constructed and enlarged information management system, settlement system, computer booking system and departure port information system in key airports being put into use, the worldwide sales system begins to take off and the e-business to take shape. The service functions of China's aviation will be enhanced in the aspects of hardware.
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