Industry Analysis & Industry Trends
In the five years through 2014, revenue for the Airport industry in China has been growing at an annualized rate of 9.6%, driven by the rapid development of the Chinese economy. Cultural exchange campaigns between China and other countries also contributed to revenue growth. However, growth is expected to slow be below average in 2014, as the continued smogt in large cities like Beijing is severely affecting the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, considering its lower price and convenience.
The industry has changed significantly over the past five years.... purchase to read more
Industry Report - Starting a New Business Chapter
Limits on ownership and investment
The prohibition by law of private ownership of scheduled air transportation airports is the single largest barrier to entry for this industry. Acquiring land can also be a formidable barrier. In addition, the development of existing airport facilities in densely populated areas needs careful consideration of social costs and benefits when evaluating the viability of a project.
Civilian airport projects in which foreign investors may invest include runways, taxiways, connecting taxiways, parking aprons, lights to aid navigation, and terminal buildings. However, the Chinese company must be the controlling shareholder under the terms of the government legislation... purchase to read more