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SHIPPING FROM CHINA
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SHIPPING FROM CHINA
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January 20,2020
According to data from civil aviation authorities, China's booming civil aviation industry has annual revenues of 1.06 trillion yuan (US $ 154.27 billion) in 2019.
China is still the world's second largest civil aviation market in 2019. According to data from the Civil Aviation Administration of China (CAAC), the number increased by 5.4% year-on-year.
According to the latest statistics of the General Administration of Civil Aviation, in 2019, the country's civil aviation passenger traffic reached 660 million passengers and air cargo volume was 7.52 million tons, a year-on-year increase of 7.9% and 1.9%.
In 2018, the annual revenue of China's civil aviation industry was RMB 875 billion, a year-on-year increase of 17%.
According to the Xinhua News Agency, according to the forecast of the International Air Transport Association (IATA), China is expected to become the world's largest civil aviation market by the mid-2020s.
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