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China to build over 500 airports by 2020

05/23/2016| 9:34:40 AM|

Chinese government plans to build more than 500 airports, creating a market worth over one trillion yuan (US$153.8 billion) for its general aviation industry by 2020

Chinese government plans to build more than 500 airports and create a market worth more than one trillion yuan (US$153.8 billion) for its general aviation industry by 2020.

According to a guideline issued by the State Council, by 2020, the country will have more than 500 general aviation airports in a number of places, including major agricultural areas, major forest regions and over 50 percent of 5A tourist scenic spots.

It also plans to increase the number of general aircraft, including helicopters and private jets, to more than 5,000 by 2020. Total annual flying time is estimated to rise to 2 million hours, it added.

The State Council said the country will encourage private investment in the general aviation sector, boost pilot training and expand the use of general aircraft in disaster relief, emergency medical services and environmental monitoring, as well as national land and resources exploration.

China saw a rapid development in its general aviation industry. The latest data show that as of the end of 2015, China had more than 300 airports, 281 enterprises, and 1,874 aircrafts. Total annual flying time reached 732,000 hours last year.

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TAGS: airports | China
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