China’s Aviation Industry is a national priority and has huge potential for future development. China has ambitions to build world-class aviation hubs and increase the number and distribution of regional airports. The Chinese Government has mandated the construction of 500 new General Aviation airports by 2020, more than doubling the current number in the country, with an investment of more than $ 21,5 billion.
Many provincial governments have successfully introduced plans to build airports for the General Aviation Industry in their provinces and speed up the implementation of these plans. This gives a great opportunity for companies in the West to offer their services to the Chinese market.
CEAG is organizing various Aviation Theme Trips to Europe. The journey will lead you to the best places in Europe with focus on aviation-related destinations. Visit an Aviation Museum, fly a real airplane by yourself, try a flight simulator or paragliding. Everything is possible!
Since the Chinese government emphasis the outbound investments as a sustained policy, bilateral investments have been increased enormously. Driven by the ambition to have an international branding, international network, and market, high-tech equipment and technology, we see that Mergers and Acquisitions, and various kind of strategic cooperations worldwide are now inevitable.
As part of the 13th Five-Year Plan (2016-2021) policy to encourage the General Aviation Industry, experts believe that a more open policy on a low-altitude airspace in China will support the private jet industry. With the rise of the General Aviation market in China, it is predicted that China could become the fastest-growing helicopter market in the world, knowing that China currently has less than 20 emergency helicopters in service, while it is estimated that the demand could increase up to 3,000 helicopter units in the coming future.