BUSINESS Yangtze River Delta leading China's airport economy: report

BUSINESS

Yangtze River Delta leading China's airport economy: report

Ecns.cn

12:33, November 29, 2018

A report on the comprehensive competitiveness of China's airport economic zones shows that the Shanghai airport economic zone outshines its rivals Beijing and Guangzhou.

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Photos: VCG

The "Yangtze River Delta Airport City Index Research Report,” released on Monday by Wang Xuedong, a special researcher at the Urban Development Research Institute of Fudan University, focuses on hub airports, hinterland economies, the airport industry, and the comprehensive transportation system as four major elements.

It made a quantitative evaluation of 33 cities by selecting 19 representatives and quantifiable indicators.

All the cities selected had to meet one of three conditions: a passenger throughput of more than 10 million passengers in 2017, have a national airport economic demonstration zone, or be one of the five major cities in the Yangtze River Delta region.

Four of the five major cities (Shanghai, Hangzhou, Nanjing, Ningbo and Hefei) in the Yangtze River delta are among the first 16 cities of China's airport economic zones.

Beijing, Shanghai, Guangzhou, and Shenzhen, as China's four first-tier cities, have an overall advantage in the development of airport economic zones, according to the report.

Chongqing, Chengdu, Zhengzhou and Xi 'an — cities in the central and western regions — are showing momentum, relying on rapid growth, comprehensive strength, hinterland economies and airport industries.

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