China Aviation Market to be Worth USD 150 Billion by 2020


China aviation market is forecasted to be more than USD 150 Billion by 2020. In the current scenario, China is becoming the largest single market of aviation because of demand for new aircraft by Chinese airlines eager to meet the rising middle classes’ expectation for air travel. In China’s growth plans, Aerospace has been identified as a high-priority sector. With the government support, China has the ability to develop a viable aircraft industry, and become a major player in the aviation sector which is currently being held by the United States and Europe.

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Created by renubresearch 3 years 49 weeks ago – Made popular 3 years 49 weeks ago
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