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@stargate334 apparently current airports are not adequate and...

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    @stargate334 apparently current airports are not adequate and are unevenly located throughout the country. Passenger numbers will also increase dramatically to 2.2 billion by 2025 (see below). Wealth is growing in China, and so to the travelling public.

    China plans to add 136 airports by 2025

    Source:Xinhua Published: 2017/3/16 0:05:20

    China aims to build 136 new airports by 2025, government sources said on Wednesday.

    The facilities could become a world-class airport complex of international and regional transport hubs, according to a plan by the National Development and Reform Commission and the Civil Aviation Administration of China.

    China began an airport construction boom in 2008 when the government began spending on infrastructure to offset the global financial crisis.

    Service improved remarkably, but current airports are far from adequate and are unevenly located throughout the country.

    By the end of 2015, China has 207 civil airports and is expected to have around 260 by 2020.

    In 2015, China's airports handled 910 million passengers and are expected to deal with 1.5 billion passengers in 2020 and 2.2 billion in 2025.

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    This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
    Last edited by jhunt: 22/11/17
 
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