Report highlights how UK can benefit from Chinese aviation

1 min read

Aviation group ADS has published a report – "The China Challenge: The Growth of Aviation and How the UK can Benefit" – to examine the issues surrounding China's new economic objectives, its aviation growth challenges, and the strategic approach to building a domestic aerospace industry.

ADS said: "There are signs that the spectacular rate of economic growth in China is beginning to moderate and its Government is shifting its attention to the development of its 13th Five Year Plan. China is set to prioritise rebalancing objectives as part of this FYP, including continuing with internal development, investing in innovation and ensuring environmentally sustainable growth.

"These new ambitions, coupled with China's position as the largest national market for aviation and aerospace growth over the next 20 years, will have important consequences for the UK, home to the second largest aerospace sector in the world and a major global exporter."

The ADS report explores China's economic background, looking at the growth it has enjoyed to date and what lies ahead. It discusses how China's aviation and aerospace industries sits within the broader economic challenges China faces. Finally, it sets out how the UK can position itself to maximise the opportunity from China's emerging urban hubs and its globally mobile middle classes.