China’s local governments splurge to lure aviation industry amid heightened competition with US

Source: China – South China Morning PostLocal governments in China are pouring resources into the country’s aviation industry to deliver on Beijing’s goal of self-sufficiency, as competition with the United States heats up.The number of industrial estates dedicated to aviation surged to a record high of 90 last year from 39 in 2012, according to data from Qianzhan Industry Research Institute.“At present, many local governments are actively planning the construction of a general aviation industry base,” said Tsinghua University in a…Read More

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