The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
In the second quarter of 2021, the air passenger traffic soared by 95.7% y/y to 143.4mn persons, thanks to a jump in demand for domestic passenger. The domestic passenger traffic in Q2 2021 surged by 96% y/y to 143mn persons. The ...
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In the first quarter of 2021, air passenger traffic soared by 37.6% y/y to 102mn persons, thanks to a jump in demand for domestic transport. The domestic passenger traffic in Q1 2021 surged by 54.1% to 101.6mn persons. The ...
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In the fourth quarter of 2020, the air passenger traffic fell by 15.8% y/y to 137.2mn persons, mainly due to a decline in demand for international passenger. The international passenger traffic in Q4 2020 plummeted by 97.2% to 0.5mn ...
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In the third quarter of 2020, China’s air transportation sector witnessed steady recovery as a result of containing the domestic coronavirus crisis. According to the Ministry of Transport (MOT), during Q3 2020 China’s ...
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While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...
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China’s transportation sector is almost entirely dominated by state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. The transportation sector achieved remarkable improvements ...
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China’s aviation sector is of key importance to the national economy, reflecting its increasing level of modernisation and robust growth. China’s vast territory and its geographical location assign the aviation sector ...
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In the first quarter of 2020, China’s air transportation sector was severely hit by the coronavirus outbreak starting in January 2020, when the first cases were announced in China. It happened just days before the Chinese New Year holiday, when ...
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In the fourth quarter of 2019, China’s air transportation sector witnessed an overall positive performance on the back of the stable air passenger travel demand and the positive developments in the US-China trade war negotiations, which drove ...
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