Policies to boost free trade port zone

The aircraft and heavy industry leasing sector in Dongjiang Free Trade Port Zone in Tianjin is expected to see total assets top 1 trillion yuan ($156 billion) in 2019, the zone's administrator said.

"The sector's tax revenue continues to account for half of the zone's total and the 100 billion yuan in growth from the current 900 billion yuan in total assets is not ambitious," said Shen Lei, director of the administrative commission of Dongjiang Free Trade Port Zone, which is now the world's second-largest airplane leasing market, following Ireland.

Shen indicated that the zone's airplane leasing now accounts for 90 percent of the country's total, with 1,140 airplanes leased to date.