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The Civil Aviation Administration of China(CAAC)hasannounced that it will grant preferential treatment fordevelopment of the aviation market in western China.Thespecial civil aviation fund will be biased towards investment inairports;enterprises and investment institutions from othersectors,large airports in the east,as well as foreigninvestment are encouraged to inject funds into construction ofcivil airports in the west.With the launch of the western development drive,thecivil aviation market has become a new investment attraction.CAAC estimate that the total number of airports in the regionwill increase to about 100 by 2015.By the year 2005,the western part of China will have atotal of 76 airports,with four regional hub airports located inChengdu, Xi'an,Kunming and Urumqi,nine trunk-line
The Civil Aviation Administration of China (CAAC) hasannounced that it will grant preferential treatment for development of the aviation market in western China.Thespecial civil aviation fund will be biased towards investment inairports; enterprises and investment institutions from othersectors, large airports in the east, as well as foreigninvestment are encouraged to inject funds into construction ofcivil airports in the west.With the launch of the western development drive, the civil aviation market has become a new investment attraction .CAAC estimate that the total number of airports in the regionwill increase to about 100 by 2015.By the year 2005, the western part of China will have atotal of 76 airports, with four regional hub airports located in Chengdu, Xi'an, Kunming and Urumqi, nine trunk-line