BIZCHINA> Reports
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Small airports to get govt backing in China
By Xin Dingding (China Daily)
Updated: 2009-04-22 07:47 Small airports are expected to receive government subsidies after being reclassified as public infrastructure under a new regulation.
China had 160 civil airports last year, and plans to have 244 by 2020. The regulation is expected to benefit small airports because large ones are profitable.
Industry sources said the regulation would save these airports, which are State-owned enterprises but are managed as private businesses. They handled just 6.4 percent of total passengers in 2006... The full text is available in the April Issue of Logistics China. Please visit publications for more subscription details. (For more biz stories, please visit Industries)
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