AsBAA in Action- April 2018 April Newsletter | Page 10

Greater China - Mainland China
ABACE2018 marks AsBAA’ s fourth consecutive year of co-organising the most significant Business and General Aviation (BA/GA)
airshow in Asia. At ABACE2017, announcements were made relating to public strategy that seeks to promote BA/GA development
under the Chinese Government’ s 13th five-year plan. New provisions on domestic investment in civil aviation have now come to
effect that will breathe life into the government’ s plan to encourage private investment into BA/GA. In March 2018, the
Government Work Report delivered during the annual National People’ s Congress of the People’ s Republic of China (NPC) and
the National Committee of the Chinese People’ s Political Consultative Conference (CPPCC) Session outlined several incentives to
encourage private investment into BA/GA in Greater China. As a result, BA/GA is gaining attention at both government and private
investment levels. The primary focus is on new investment opportunities that could present huge consumer uptake. In addition,
public service sectors have been noted as prime opportunities for private investment. These include air medical services,
short-distance air travel for commuter purposes, and low altitude tourism.
New provisions on domestic
investment in civil aviation have
now come to effect that will
breathe life into the
government’ s plan to
encourage private investment
into BA/GA.
Medical services are set to be one of the major growth areas
for General Aviation in China
Left to right: Virginia Zhang, Jenny Lau, Lydia Yang, Rocky Zhang
Jenny Lau, AsBAA Chairperson
La