China to further liberalize air cargo market
September 30, 2014 Category Airlines and airports, Logistics
China will push for further liberalization of its air cargo market because it is vital to facilitating trade flows and expanding its economy. “China, as the biggest exporting country in international trade, relies heavily on the air cargo business. We are actually taking a proactive attitude towards air cargo liberalization,” said Han Jun, Director General of the International Affairs Department of the Civil Aviation Administration of China (CAAC) at the first Air Cargo Development Forum organized by the International Civil Aviation Organization (ICAO). International cargo traffic turnover accounted for nearly a third, or 21.07 billion ton-kilometers, of China traffic turnover of 67.17 billion ton/km last year. China’s international cargo business soared between 1980 and 2008 before it was hit by the financial crisis. It showed signs of recovery last year, when international traffic grew 8.3%. “We will lower access requirements as appropriate and also encourage Chinese airlines to expand their international routes to more domestic points, and work with foreign operators to create international routes,” Wang Zhiqing, Deputy Administrator of CAAC, said. China has signed air service agreements with 115 countries and regions, of which 21 have introduced unlimited capacity entitlements for all cargo services. The China-U.S. air traffic agreement has for the first time introduced the concept of air cargo hub operators, which are entitled to the seventh freedom traffic right – the right to operate between two points with neither being the airline’s home country. It is the only such arrangement China has reached with another country.
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