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China Daily Africa | Updated: 2014-09-12 09:38
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"China's aviation market is going through dynamic changes."

Randy Tinseth, Boeing Commercial Airplanes' vice-president of marketing. He said new business models like those used on low-cost carriers and aircraft leasing companies, will provide the growth impetus for China's aviation industry.

A report by Boeing, issued on Sept 4, said China will need 6,020 new aircraft valued at $870 billion in the next 20 years, as a result of its robust economic growth and the entry of more carriers.

"The fulfillment network for fast-moving grocery goods is the hardest to build, and that is what Yihaodian has done."

Dan Toporek, a spokesman for Wal-Mart's global e-commerce office. The world's largest retail outlet is looking to increase its presence in China's growing e-commerce market by focusing more attention on its relationship with online grocery store Yihaodian. Wal-Mart first invested in Yihaodian in 2011, increasing its stake to more than 51 percent in 2012.

"Singapore, Malaysia and Thailand are traditionally the favorite tourism routes for Chinese. This year, that route was affected a lot."

Jiang Haibin, a public affairs manager at Ctrip.com International Ltd. Arrivals from China to the three countries dropped 30 percent in the first six months of the year, which was blamed on political violence, the mysterious disappearance almost six months ago of a Malaysian aircraft bound for Beijing, and territorial skirmishes with the Philippines and Vietnam.

(China Daily Africa Weekly 09/12/2014 page18)

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