China will further reform its investment mechanism and expand financing channels in absorbing foreign capitals into the air transport industry, a senior Chinese civil aviation industry official said here on Wednesday.
Speaking at a seminar organized by the Civil Aviation Authority of Singapore (CAAS), Yang Guoqing, deputy director of the General Administration of Civil Aviation of China (CAAC), said that the current foreign investments in China's aviation projects were restricted to traffic control systems, but all projects related to air transport such as airports will be opened up to foreign investments in the future
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