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24-Jul-2012 11:26 AM

CAAC: China still has 10 to 20 years of 'golden period'

CAAC Director General Li Jiaxiang stated relevant policies have categorised China’s civil aviation as a strategic industry, with the next 10 to 20 years set to be China’s aviation industry golden period for development, according to reports by China Securities Journal. Under China’s 12th five year comprehensive transportation system plan, China will construct 82 new airports to a total of 230 airports by 2015, which means 80% of China’s population will be within 100km of an airport.