More plane showrooms to be opened in China
Updated: 2016-03-29 09:19
By Wang Ying(China Daily)
|
|||||||||
Visitors look at helicopters at GD Aero E Store. China's first airplane 5S shop, GD Aero E Store, a venture by Shanghai General Dynamic Aero Tech Co (GDAT), opened in Ningbo, East China's Zhejiang province, April 8, 2015. [Photo/IC] |
The booming airplane market follows the government's November 2010 decision to gradually open its low-altitude airspace, under 1,000 meters, to promote the general aviation sector.
General aviation requires less land than other transportation methods, and the opening of additional of low-altitude airspace will give the sector a boost in the future, said Chen Zhuo, an industrial analyst from China Merchants Securities Co.
"The development of general aviation lags far behind the commercial airline sector, where China owns the world's second-largest aircraft fleet by size," Chen said.
China's general aviation market will reach 150 billion yuan by 2020, the National Business Daily reported, citing a prediction by the Chinese Society of Aeronautics and Astronautics.
Related Stories
Chinese aircraft manufacturer uses big data to build safer planes 2016-03-27 06:36
Sky is the limit for jobseekers in aviation industry 2016-03-21 08:13
China's aero-engine manufacturing set for take-off 2016-03-11 11:23
China's electric aircraft ready for takeoff 2016-03-17 07:42
Aviation giants confident in Chinese market's growth potential 2016-02-18 09:22
Today's Top News
Xi arrives in Czech Republic for state visit
Panda to join Little Mole in new cartoon series
President optimistic for Sino-German cooperation
Info sharing 'is key' as Europe faces terror threat
Uneasy times as Belgium mourns the dead
Belgian bombing suspect still at large: Prosecutor
Belgian media withdraws reports of suspect's arrest
Brussels bombers were brothers El Bakraoui
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Panda to join Little Mole in new cartoon series |
What makes the middle class tick |
One-stop app |
Minister rules out property market collapse |
Man on Mars? Chinese could be the first |
Accidental ballet star on the rise |