Foreign Investment in China's General Aviation Encouraged

December 19,2009 Editor:ChinaToday.com| Resource:ChinaToday.com

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Liu Wanming, deputy director of the Transportation Department of the Civil Aviation Administration of China (CAAC), said at the 2009 China International General Aviation Convention's Summit Forum that China encourages foreign investments in establishing general aviation enterprises and supports people to purchase private aircraft. In Addition, the China Civil Aviation Authority is actively seeking
Liu Wanming, deputy director of the Transportation Department of the Civil Aviation Administration of China (CAAC), said at the 2009 China International General Aviation Convention's Summit Forum that China encourages foreign investments in establishing general aviation enterprises and supports people to purchase private aircraft. In Addition, the China Civil Aviation Authority is actively seeking support from the Air Force to promote low-altitude airspace management reforms.
    
Fu Shula, president of China Aero-Technology International Holdings Limited, explained that from 2008 to 2017, China's demand for general aircraft will be nearly 5,000, valued at US $15.5 billion, accounting for 12 percent of the global total.
    
In August, the Civil Aviation Administration of China, the country's aviation regulator, designated Pucheng Industrial Park, part of the Xi'an-based Yanliang National Aviation Industrial Base, as the experimental unit of civil aviation. Within a 20-kilometer radius of the park, general aircraft are allowed to fly below 2,000 meters without application for permission from the air traffic control departments of the CAAC and the Air Force. This marks a breakthrough in the opening of low-altitude airspace.
 

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