国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Latest

Aviation industry soaring amid high expectations at CIIE forum

By SHI JING in Shanghai | chinadaily.com.cn | Updated: 2019-11-09 19:44
Share
Share - WeChat
The international aviation fuel forum was held in Shanghai on Nov 9, 2019. [Photo by Feng Yongbin / chinadaily.com.cn]

Despite the slowdown in the growth rate of aviation fuel consumption in China, the country will still be the major driver of the global aviation fuel market, experts said at an international aviation fuel forum held during the second China International Import Expo.

Also released at the forum was the China Jet Fuel Consumption Index, jointly compiled by China National Aviation Fuel Group Limited and the Beijing-based Academy of Macroeconomics Research. According to the index, China’s aviation fuel consumption increased 4.7 percent during the first nine months of the year. The growth rate has contracted 3.5 percentage points from a year earlier.

Wu Xiaohua, vice president of the Academy of Macroeconomic Research, said global economic slowdown, which has impaired consumer income expectations and commercial activities, has led to contracted growth in aviation fuel consumption in China.

Wu also pointed out general aviation is an important part of a country or region’s consumption. It can serve as an indicator of the larger economy or the activity of non-manufacturing businesses. While the index only focuses on consumption at present, it will cover the entire value chain in the near future, including manufacturing, delivery and storage.

David Hanna, vice president of global commodity and energy price rating agency Argus, said at the forum China will continue to be the major driver of global aviation fuel consumption thanks to the higher flight frequency of outbound Chinese travelers.

Public information shows the size of China’s general aviation fleet has grown 15 percent annually over the past four years. The number of Chinese general aviation planes will reach over 5,000 by 2020, with annual flight time cresting 2 million hours.

Regarding this trend, CNAF released its general aviation development strategy and planning outline on Saturday, demonstrating how to better seize the opportunity.

CNAF’s chairman Zhou Qiang said the Chinese general aviation market is still in its very early stage, which points to huge room for development.

“One company should not focus on its own development regarding the development of an emerging market. A win-win or mutually beneficial scenario is crucial to more sustained development. It is thus CNAF’s goal to set up an extensive partnership network that will eventually grow into an ecosystem connecting local governments, airports and general aviation companies,” Zhou said.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
易门县| 台东县| 鄂尔多斯市| 平远县| 临颍县| 兴安盟| 宕昌县| 河南省| 肃南| 合川市| 胶州市| 和平区| 修文县| 灌云县| 宜兰县| 武隆县| 榆社县| 耒阳市| 科技| 乐安县| 班玛县| 龙游县| 马关县| 大洼县| 泌阳县| 黄大仙区| 靖安县| 府谷县| 无锡市| 临武县| 陇西县| 乐平市| 忻城县| 定边县| 阜城县| 宁波市| 正阳县| 临高县| 萨迦县| 玛多县| 澳门|