A Boeing executive told journalist that the new regulation by China to lift tax rate on imported airplanes will not affect the company's sale in China as the minimum weight of a Boeing airplane is above 55 tons and the company has not had a plan to establish a aircraft assembly line in China.
Boeing predicted China will needs 5,580 new aircrafts in the next 20 years, valued at USD 780 billion in total. The scale of China's civil aviation fleet will triple by 2032. China's aviation market traffic will grow nearly 7% by 2032 and China's domestic air travel market will become the world's largest one.
Source:
http://www.sinocast.com/readbeatarticle.do?id=99231
