Aircraft imports rise 138% in value (Xinhua) Updated: 2006-06-26 08:47
China's aircraft import value reached 3.73 billion U.S. dollars in the first
five months, up 137.9 percent year on year, said sources with the General
Administration of Customs (GAC).
A report from the Customs office said
China imported 135 aircraft in the first five months, a year-on-year increase of
78.9 percent.
The rapid growth reflects the country's increasing demand
for air transportation. Figures show the air passenger and cargo transport
volume rose at an annual average rate of 16 percent in the past two decades.
China's air passenger turnover in 2005 reached 284 million
passenger-kilometers, up 17.5 percent over 2004, while cargo turnover in 2005
was 6.33 million ton-kilometers, up 14.6 percent over 2004.
China is
expected to have 1300 aircraft at the end of this year. (For more biz stories, please visit Industry Updates)
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