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Opinions of the State Council on Promoting the Development of Civil Aviation was issued on July 12th, which sets goal for the development of China’s aviation industry by 2020: annual flights are to reach 2 million hours with an annual growth rate of 19 percent; especially, flight on-time rate will be raised to 80 percent and airline services should be available to 89 percent of the Chinese population.
Opinions points outs the necessity and significance of making general aviation industry a new source of economic growth, promoting new general aviation services such as private flights and business flights, as well as creating an aviation industry chain based on the aviation industry. In terms of policy support, foreign and private capital should be encouraged and guided to enter aviation industry, financial institutions should be encouraged to provide credit support for aviation industry, and aviation enterprises should be encouraged to seek financing by listing on the stock market and issuing bonds.
The development goals of Opinions are as follows: by 2020, the scope of China’s aviation service will be significantly enlarged; its service quality, global competitiveness and influence, as well as sustainable development capacity will be evidently strengthened; a modern civil aviation system that is safe, convenient, efficient and environmental-friendly will take shape. With the expansion of aviation transportation scale, it will have 170 billion ton-kilometers of air passenger and freight transport by 2020, achieving an annual growth rate of 12.2 percent and 0.5 person-times of flights per capita number in China. The aviation service quality will be promoted steadily, with a world-class safety records and over 80 percent flight on-time rate. Large-scale development of general aviation will be achieved, with annual flights reaching 2 million hours by 2020 and an annual growth rate at 19 percent. The economic and social benefits will be more evident, with 89 percent of national residents having access to airline services.
While strengthening traditional business sectors including agriculture and forestry, China will endeavor to make general aviation a new source of economic growth by taking an active part in providing new general aviation services such as emergency rescue, medical assistance, marine law enforcement, private flights and business flights.
According to Li Jiaxiang, head of CAAC, 450 million annual passengers is anticipated at the end of 12th National Five-Year Plan. Then number of transportation airport will exceed 220, and the number of planes will rise from 2600 to over 4500, with a major leap in the number used for general aviation. During the next five years, the total input in the industry is estimated to top 1.5 trillion yuan.
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