News Snapshot:
China’s commercial aviation industry is lagging behind international competitors, with the country’s military-civil fusion strategy stifling innovation and state dominance of the sector hampering efficiency, according to a report from the Shanghai government. Shanghai has been at the forefront in China’s commercial aviation sector, which was identified as one of the key industries set for heavy investment in the 14th five-year plan for 2021-25. The city is home to the state-owned Commercial Aircraft Corporation of China (Comac), which manufactures the C919 , the narrow body jet China hopes will compete with Boeing 737 and the Airbus A320. It is also...
