China Infrastructure 2019 | Aviation

CHINA INFRASTRUCTURE 2019 | AVIATION. China is speeding forward with infrastructure, both domestic and interconnecting with other countries and regions.

Aviation; China will become the world’s largest aviation market by 2022, according to the International Air Transport Association whose prediction is that China will add 921 million new passengers by 2036, taking total passengers to 1.5 billion. That would compare with 1.1 billion in the US.

To cope with the surge in passengers, the world's second largest economy plans to build 74 new civil airports by 2020, taking the total to 260. That’s up from 175 in 2010, coming to more than eight new airports per year.

The effects won’t just be felt in China, with increased airline competition potentially pushing down prices and passengers getting used to stopping off in Beijing or Guangzhou, rather than one of the more traditional major airports for transfers such as Singapore or Hongkong.

No aviation project is attracting more attention than Daxing International Airport in Beijing, the new aviation hub slated to open in September 2019 (built in 5 years), next to the existing Capital International Airport, world’s second busiest airport in 2017 (95 million passengers) after Hartsfield-Jackson Atlanta.

The new airport is built for the future, boasting four runways and a terminal the size of 97 soccer pitches upon opening of the first phase. The "modest" initial operational target is to accommodate 72 million passengers and two million tons of cargo annually by 2025. The long term master plan calls for the building of a total of seven runways, and moving at least 100 million passengers and four million tons of cargo a year through the airport.

Sources : weforum, wikipedia