China Economic Review
Charting China’s changing economic terrain · Since 1990
China to raise investment in aviation sector
January 22, 2009
The China Securities Journal reports China will raise its investment in fixed assets in the aviation industry by at least a third to US$11.7 billion to $14.6 billion this year.
In 2008, China invested $8.8 billion in fixed assets in the local aviation industry.
Projects this year include expansions at Shanghai Hongqiao International Airport, Tianjin Binhai International Airport and Urumqi Diwopu International Airport.
Source: CargoNews Asia
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