The Civil Aviation Administration of China (CAAC) has announced new investment guidelines allowing the country’s state- and private-owned enterprises to invest in China’s civil aviation industry, much of which is also involved in military programmes.
The CAAC said on 12 January that the newly revised investment measures would be introduced from 19 January, with the aim to support the “rapid and healthy” development of the country’s commercial aviation sector.
“The provisions will further relax the access standards for state-owned and non-state-owned entities to invest in the civil aviation industry, encourage and support domestic investors in investing in the civil aviation industry, and guide and regulate investment behaviour,” said a CAAC press release.
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