Transport Infrastructure Development in China October Fung Business Intelligence Centre
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1 Transport Infrastructure Development in China October 213 Fung Business Intelligence Centre
2 In this issue: Overview Four Transportation Modes Government Initiatives 2
3 Overview 3
4 Passenger traffic at a glance Passenger traffic by province, 212 Xinjiang Tibet > 5, million 2, million - 5, million 1, million - 2, million 5 million - 1, million < 5 million Source: China Statistical Yearbook (Abstract) 213 Gansu Qinghai Ningxia Shaanxi Henan Sichuan Chongqing Hubei Yunnan Inner Mongolia Guizhou Guangxi Hainan Beijing Liaoning Tianjin Hebei Shanxi Shandong Hunan Jiangxi Fujian Guangdong Jiangsu Anhui Zhejiang Heilongjiang Jilin Shanghai Passenger traffic in China, 212 Million Annual growth (%) Total 38,4 7.9% Highway 35, Railway 1, Water Air The top five busiest provinces in terms of passenger traffic, 212 Million Annual growth (%) Total 38,4 7.9% Guangdong 5, % Sichuan 2, % Jiangsu 2, % Shandong 2, % Zhejiang 2, % In 212, total passenger traffic in China was 38 billion, up by 7.9% year-on-year (yoy). It is observed that people in coastal area generally have higher levels of mobility as compared to their counterparts in inland area. Among the top five busiest provinces in terms of passenger traffic, Zhejiang and Guangdong grew with the fastest rates. It is believed that the presence of high-speed railway and intercity express were the major drivers. 4
5 Freight traffic at a glance Freight traffic by province, 212 (tonnes) Xinjiang Tibet > 3, million 2, million - 3, million 1, million - 2, million 5 million - 1, million < 5 million Source: China Statistical Yearbook (Abstract) 213 Gansu Qinghai Ningxia Shaanxi Henan Sichuan Chongqing Hubei Yunnan Inner Mongolia Guizhou Guangxi Hainan Beijing Liaoning Tianjin Hebei Shanxi Shandong Hunan Jiangxi Fujian Guangdong Jiangsu Anhui Zhejiang Heilongjiang Jilin Shanghai Freight traffic in China, 212 Million Annual growth (%) Total 4, % Highway 31, Railway 3,94 (.7) Water 4, Air 5.5 (2.2) Pipeline The top 5 busiest provinces in terms of freight traffic, 212 Million Annual growth (%) Total 4, % Shandong 3, % Anhui 3, % Henan 2, % Guangdong 2, % Jiangsu 2,2 8.6% In 212, total freight traffic in China was 41 billion tonnes, up by 1.9% yoy. Pearl River Delta, Yangtze River Delta and Bohai Rim recorded the strongest freight traffic volume. With industrial relocation from coastal areas to inland areas, freight traffic in inland China is now catching up, which was evident by the strong growth rates of freight traffic in Anhui and Henan. 5
6 Accelerating development in infrastructure Road (212) Fixed assets investment: 1,713 billion yuan (+6.6% yoy) Length of highway in operation: 4.2 million km (+3.2% yoy) Length of expressway in operation: 96,2 km (+13.3% yoy) Rail (212) Fixed assets investment: 66 billion yuan (+2.4% yoy) Length of railway in operation: 98,km (+5.4% yoy) Water (212) Fixed assets investment: 197 billion yuan (+2.1% yoy) Number of coastal and inland berths: 31,862 (-.3% yoy) Length of navigable inland waterway: 125, km Air (212) Fixed assets investment: 19 billion yuan (+3.2% yoy) Number of airports: 183 (+1.7% yoy) Source: China Statistical Yearbook (Abstract) 213 6
7 Road Transport 7
8 billion passenger-km billion tonne-km billion person billion tonne Highway passenger and freight traffic Total highway passenger traffic in China, Total passenger traffic yoy growth (%) Total highway passenger-kilometers in China, , 1,5 1, Total passenger-kilometers yoy growth (%) % % Total highway freight traffic in China, Total freight traffic yoy growth (%) Total highway freight-tonne-kilometers in China, , 6, 5, 4, 3, 2, 1, Total freight tonne-kilometers yoy growth (%) % % China s highway carried a total of 36 billion passengers in 212, up by 8.2% yoy. The total highway passenger-km rose by 1.2% yoy to 1,847 billion passenger-km. The volume of freight dispatched by highway in China amounted to 32 billion tonnes in 212, posting a yoy growth of 13.1%. The total highway freight-tonne-km climbed by 15.9% yoy to reach 5,954 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract) 213 8
9 Guangdong registered the highest highway passenger traffic in China billion Passenger traffic by province, 212 (billion) Among all the provinces and municipalities in China, Guangdong registered the highest passenger traffic, with over 5.5 billion passengers in 212, followed by Sichuan (2.7 billion) and Jiangsu (2.6 billion). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Western China registered the highest highway passenger traffic among the five regions in China, with 7.8 billion passengers in 212, followed by northern China and southern China at 7.6 billion passengers each. Qinghai Ningxia Hebei Shanxi Shandong Passenger traffic by region, 212 (billion) Tibet > 5 billion 2 billion 3 billion 1 billion 2 billion.5 billion 1 billion <.5 billion Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract) 213 9
10 billion tonnes Shandong ranked first in highway freight transport in China Freight traffic by province, 212 (billion tonnes) In terms of highway freight traffic, Shandong was the busiest province with 3 billion tonnes of goods being transported in 212, followed by Anhui (2.6 billion) and Henan (2.5 billion). Xinjiang Gansu Beijing Tianjin Liaoning Heilongjiang Jilin Among the five regions in China, northern China ranked first in terms of volume of freight dispatched by road at 1.1 billion tonnes in 212, followed by central China (6.3 billion) and western China (5.8 billion). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (billion tonnes) Tibet > 2 billion 1.5 billion 2 billion 1 billion 1.5 billion.5 billion 1 billion <.5 billion Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract) 213 1
11 Rail Transport 11
12 billion passenger-km billion tonne-km million person billion tonne Railway passenger and freight traffic Total railway passenger traffic in China, , 1,5 1, Total railway passenger-kilometers in China, ,2 1, Total passenger traffic yoy growth (%) Total passenger-kilometers yoy growth (%) % % Total railway freight traffic in China, % (2) Total freight traffic yoy growth (%) Total railway freight-tonne-kilometers in China, ,5 12 3, , , 6 1,5 4 % 1, 2 5 (2) Total freight tonne-kilometers yoy growth (%) China s railway carried a total of 1,893 million passengers in 212, up by 1.7% yoy. The total railway passenger-km rose by 2.1% yoy to 981 billion passenger-km. The volume of freight dispatched by railway in China amounted to 3.9 billion tonnes in 212, dropped by.7% yoy. The total highway freighttonne-km reduced by.9% yoy to 2,919 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract)
13 Again, Guangdong registered the highest railway passenger traffic in China million Passenger traffic by province, 212 (million) Among all the provinces and municipalities in China, Guangdong registered the highest passenger traffic, with over 15 million passengers in 212, followed by Liaoning (12 million) and Jiangsu (118 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Northern China registered the highest highway passenger traffic among the five regions, with 689 million passengers in 212, followed by eastern China (34 million) and central China (324 million). Qinghai Ningxia Hebei Shanxi Shandong Passenger traffic by region, 212 (million) Tibet > 15 million 1 million 15 million 7 million 1 million 5 million 7 million < 5 million Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)
14 million tonnes Shanxi ranked first in railway freight traffic in China Freight traffic by province, 212 (million tonnes) Shanxi province ranked first in China in terms of railway freight traffic at 715 million tonnes in 212, followed by Inner Mongolia (647 million) and Shaanxi (319 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Most of the railway freight was dispatched in northern China at 2,332 million tonnes in 212, followed by western China (82 million) and central China (298 million). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (million tonnes) Tibet > 5 million 1 million 5 million 7 million 1 million 5 million 7 million <5 million Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)
15 Current development of high-speed railway network in China (as of September 213)* * The exhibit covers eight high-speed railway routes in China, of which, four routes connecting north and south and the other four linking east and west. Source: Internet sources, compiled by Fung Business Intelligence Centre 15
16 Water Transport 16
17 billion passenger-km billion tonne-km million person billion tonne Waterway passenger and freight traffic Total waterway passenger traffic in China, (1) (15) Total waterway passenger-kilometers in China, (5) Total passenger traffic yoy growth (%) (1) (2) (3) Total passenger-kilometers yoy growth (%) % % Total waterway freight traffic in China, Total waterway freight-tonne-kilometers in China, , 8, 7, 6, 5, 4, 3, 2, 1, Total freight traffic yoy growth (%) (5) (1) (15) (2) (25) Total freight tonne-kilometers yoy growth (%) % % China s waterway carried a total of 258 million passengers in 212, up by 4.9% yoy. The total waterway passenger-km rose by 2.7% yoy to 7.7 billion passenger-km. The volume of freight dispatched by waterway in China amounted to 4.6 billion tonnes in 212, posting a yoy growth of 7.7%. The total waterway freight-tonne-km climbed by 8.3% yoy to reach 8,171 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract)
18 million tonnes Zhejiang s waterway passenger traffic ranked first in China Passenger traffic by province, 212 (million) Among all the provinces, Zhejiang s waterway passenger traffic ranked first at 35 million persons in 212, followed by Sichuan (33 million) and Guangdong (27 million). Xinjiang Gansu Qinghai Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Hebei Shanxi Ningxia Shandong Waterway passenger traffic in western region had outstanding performance, as compared with the other four regions in China. In 212, waterway passenger traffic in western China was 85 million persons, followed by southern China (65 million) and eastern China (46 million). Passenger traffic by region, 212 (million) Tibet > 3 million 1 million 3 million 5 million 1 million 2 million 5 million < 2 million Not applicable Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)
19 Again, Zhejiang registered the highest waterway freight traffic in China million tonnes Freight traffic by province, 212 (million tonnes) In terms of waterway freight tonnage, the top three busiest provinces in China were Zhejiang (738 million), Jiangsu (586 million) and Guangdong (577 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin In 212, nearly half of the waterway freight traffic was dispatched in eastern China at 2,235 million tonnes, followed by southern China (1,78 million) and central China (543 million). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (million tonnes) Tibet > 5 million 1 million 5 million 5 million 1 million 1 million 5 million <1 million Not applicable Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)
20 Shanghai port ranked first in the world Top 1 coastal ports handling the largest container throughput in China, 212 (million TEU) Yingkou (4.9m) Tianjin (12.3m) Dalian (8.1m) Qingdao (14.5m) Lianyungung (5.m) Shanghai (32.5m) Ningbo-Zhoushan (16.8m) Xiamen (7.2m) Guangzhou (14.5m) Shenzhen (22.9m) The total container throughput by container port in China amounted to 177 million TEU in 212, up by 8.4% yoy. 22 ports handled more than 1 million TEU in 212, including 18 coastal ports and four inland ports. Eight out of the world s top 2 ports are located in China. Shanghai was the world s busiest container terminal in 212, handling 32.6 million TEU, followed by Shenzhen (Rank #4) and Ningbo-Zhoushan (Rank #6). Global ranking, 212 (million TEU) Rank in 212 Port 212 (million TEU) 1 1 Shanghai* Singapore Hong Kong Shenzhen* Busan Ningbo-Zhoushan* Guangzhou* Qingdao* Dubai Tianjin* Rotterdam, Port Kelang Kaohsiung Hamburg Antwerp Los Angeles Dalian* Tanjung Pelepas Xiamen* Bremen Rank in 211 Annual growth (%) * Note: Ports in the Mainland China Source: The Ministry of Transport and World Shipping Council 2
21 Air Transport 21
22 billion passenger-km billion tonne-km million person million tonne Air passenger and freight traffic Total air passenger traffic in China, Total air passenger-kilometers in China, Total passenger traffic yoy growth (%) Total passenger-kilometers yoy growth (%) % % Total air freight traffic in China, Total air freight-tonne-kilometers in China, Total freight traffic yoy growth (%) (5) (1) Total freight tonne-kilometers yoy growth (%) % % The total air passenger traffic in China rose by 8.9% yoy in 212 to 319 million passengers. The total air passenger-km reached 52.6 billion passenger-km, up by 1.8% yoy. The total air freight traffic in China amounted to 5.5 million tonnes in 212, dropped by 2.2% yoy. The total air freight-tonne-km was 16.4 billion tonne-km in 212, recorded a yoy drop of 5.8%. Source: China Statistical Yearbook (Abstract)
23 Beijing Capital International Airport was the 2 nd busiest passenger airport in the world Top 1 busiest passenger airports in China, 212 (million) In 212, 21 out of the 183 civil airports handled more than 1 million passengers, representing 74% of the total passenger throughput in China. The top four passenger airports in Beijing Capital, Guangzhou, Shanghai Pudong and Shanghai Hongqiao together accounted for 31% of the total passenger throughput in China. Chengdu (32 million) Kunming (24 million) Chongqing (22 million) Beijing (82 million) Xi an (23 million) Guangzhou (48 million) Hangzhou (19 million) Xiamen (17 million) Shenzhen (3 million) Shanghai Pudong + Hongqiao (79 million) Beijing Capital International Airport was the second busiest passenger airport in the world, carrying 81.9 million passengers in 212. Global ranking (million) Airport 212 (million) 1 Atlanta United States Beijing Capital* China London Heathrow United Kingdom Tokyo Haneda Japan Chicago United States Los Angeles United States Paris France Dallas/Fort Worth United States Jakarta Indonesia Dubai United Arab Emirates Frankfurt Germany Hong Kong Hong Kong, China Denver United States Bangkok Thailand Singapore Singapore Amsterdam Netherlands New York United States Guangzhou* China Madrid Spain Istanbul Turkey Shanghai Pudong* China Rank in 212 Annual growth (%) *Note: Airports in the Mainland China Source: China Statistical Yearbook (Abstract) 213 and Airport Council International 23
24 Shanghai Pudong International Airport was the 3 rd busiest cargo airport in the world Top 1 busiest cargo airports in China, 212 (million tonnes) In 212, 2 out of the 183 civil airport handled more than 1, tonnes of goods, accounting for 88% of the total air freight throughput of the year. The top four airports in Shanghai Pudong, Beijing Capital, Guangzhou and Shenzhen together accounted for 57% of the total air freight throughput in China. Shanghai Pudong International Airport was the third busiest cargo airport in the world, carrying 2.94 million tonnes in 212. Chengdu (.51 million) Kunming (.26 million) Chongqing (.27 million) Beijing (1.8 million) Nanjing (.25 million) Hangzhou (.34 million) Xiamen (.27 million) Guangzhou (1.25 million) Shenzhen (.85 million) Shanghai Pudong + Hongqiao (3.37 million) Global ranking (million tonnes) Rank in 212 Airport 212 (million tonnes) Annual growth (%) 1 Hong Kong Hong Kong, China Memphis United States Shanghai Pudong* China Incheon South Korea Anchorage United States Dubai United Arab Emirates Louisville United States Paris France Frankfurt Germany Tokyo Narita Japan Miami United States Singapore Singapore Beijing Capital* China Los Angeles United States Taipei Taiwan, China London Heathrow United Kingdom Chicago United States Amsterdam The Netherlands Bangkok Thailand New York United States Guangzhou* China Indianapolis United States Tokyo Haneda Japan Shenzhen* China Leipzig Germany *Note: Airports in the Mainland China Source: China Statistical Yearbook (Abstract) 213 and Airport Council International 24
25 Government Initiatives 25
26 The 12 th Five-Year Development Plan for Integrated Transportation System In July 212, the State Council promulgated the 12 th Five-Year Development Plan (FYP) for Integrated Transportation System. Major tasks during the 12 th FYP period: Accelerate the development of transport infrastructure and facilities Set-up inter-regional transportation networks Develop 42 integrated transportation hubs Establish inter-city transportation networks Strengthen public transport network Set-up rural transportation facilities Accelerate the transportation linkage with Hong Kong and Macau Uplift the technological level in transportation system and equipment Improve transportation service quality, providing a competitive market environment for the development of transportation and logistics services Strengthen traffic safety management Save resources in the process of transportation planning, construction, operation and maintenance; promoting environmental protection Key development goals for transport infrastructure by 215 (end of the 12 th FYP period): Indicators Unit 212 By 215 Length of railway in operation km electrified % Length of highway in operation Coastal deep-water berths km 4,2 4,5 Unit 1,774 (21 data) 2,214 Number of civil airports Unit Source: China Statistical Yearbook (Abstract) 213 and government website For more details, please refer to our Newsletter Issue 14 - An Update on the Transport Infrastructure Development in China (212) 26
27 Dismantling the Ministry of Railways Dismantling of Ministry of Railways Administrative arm Supervised by Formulating railway plans and policies Establishing railway technology standards Supervising railway work safety Assuring transport service quality and railway project quality Commercial arm Dispatch and command of rail transport Freight and passenger transport management Railway construction Newly established Ministry of Transport China Railways Corporation The State Council announced its plan in March 213 to dismantle the Ministry of Railways (MOR) to form administrative and commercial arms. Railway administration functions are to be supervised by the Ministry of Transport (MOT), while the newly formed China Railway Corporation (CRC) is to be responsible for all commercial activities. It is expected that restructuring will enhance China s transportation capabilities, as rail, road, water and air transport are managed and monitored under the same umbrella, the MOT. Integration should remove barriers against developing inter-modal transport between rail and other transport modes. Source: Compiled by Fung Business Intelligence Centre For more details, please refer to our Newsletter Issue Logistics reports in China: 27
28 Expanding VAT reform pilot programme nationwide Effective from 1 January 212 Effective from 1 August 213 Transportation services sector - Road transport - Water transport - Air transport - Pipeline transport Modern services sectors - Research, development and technical services - Information technology services - Cultural creative services - Logistics auxiliary services - Certification and consulting services - Tangible, movable property leasing services - Production, broadcast and publication of radio, films and television programmes In April 213, the State Council announced that it will expand the current Value-Added Tax (VAT) pilot programme nationwide and cover more services industries under the pilot scope. The VAT reform, which replaces Business Tax with VAT in the transportation service sector and selected modern service sectors, was first rolled out in Shanghai on 1 January 212, and was later expanded to a number of provinces and cities in China including Beijing, Tianjin, Jiangsu, Zhejiang, Anhui, Fujian, Hubei and Guangdong. VAT rates for the transportation and logistics auxiliary service sectors are 11% and 6%, respectively. The nationwide expansion announced will complete the first stage of the rollout of the VAT reform. Meanwhile, the scope of the VAT reform has also been expanded. The State Council has indicated that the rail transport, postal and telecommunication industries will be covered by the VAT pilot programme in the near future. Source: Compiled by Fung Business Intelligence Centre For more details, please refer to our Newsletter Issue Logistics reports in China: 28
29 Major government policies related to transport infrastructure development Date Name of Policy Launched by Key Highlights May 212 Opinions on Encouraging Private Investment in Railways Ministry of Railways - Support private enterprises to invest in the construction of railway projects, including dedicated passenger lines, inter-regional lines, dedicated coal lines, rail stations, etc. - Encourage private enterprises to provide passenger and freight services - Encourage private enterprises to participate in inspection and safety evaluation of rail projects, etc. July 212 Opinions on Strengthening Road Transport Safety The State Council - Strengthen safety management of road transport enterprises via regulating the operation activities and standardizing road safety mechanism of enterprises - Reinforce the safety responsibility of road transport enterprises July 212 Opinions on Promoting the Development of Civil Aviation Industry The State Council - Strengthen airport network planning and the connectivity between hub airports and small airports - Accelerate the development of general aviation - Enhance airport competitiveness in the international aviation market - Accelerate the establishment of a modernized air space system August 212 Opinions on Improving Management and Accelerating the Healthy Development of the Shipping Sector Ministry of Transport - Enhance market surveillance and analysis of the shipping sector - Strengthen resource allocation and vessels capacity control - Encourage the development of shipping enterprises by promoting merger and acquisition, and organizational restructuring September 213 Action Plan of Accelerating the Development of Yangtze River and Other Inland Waterways (213 22) Ministry of Transport - Accelerate the construction of inland waterways networks along Yangtze River, Xijiang River, Beijing-Hangzhou Grand Canal and the Pearl River Delta - Optimize the hubbing functions of inland ports - Upgrade the service standard of inland waterways - Support project development and standardize the requirement of each project Source: Government websites 29
30 For more information Fung Business Intelligence Centre 1/F, LiFung Tower, 888 Cheung Sha Wan Road, Kowloon, Hong Kong Tel: Fax: Copyright 213 The Fung Business Intelligence Centre. All rights reserved. Though the Fung Business Intelligence Centre endeavours to ensure the information provided in this publication is accurate and updated, no legal liability can be attached as to the contents hereof. Reproduction or redistribution of this material without prior written consent of the Fung Business Intelligence Centre is prohibited. 3
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