Beijing earmarks $12bn for major upgrade of Chinese airports

Beijing Airport’s Terminal 3

Chinese airports: China is ready to invest $11.9 bn in the country’s civil aviation sector’s infrastructure, particularly its airports, the head of the sector’s regulator said yesterday, with 11 key construction projects and 52 aviation-related upgrades at the head of the queue.
“The general aviation sector, especially aircraft research and manufacturing, has became a hot spot of both industrial upgrading and social concern,” said Feng Zhenglin head of the CAAC (the Civil Aviation Administration of China). The aviation sector will consequently get preferential treatment to improve transportation, foster new growth engines, and boost employment in related service sectors.

Source: chinadaily