Along with the rapid growth of China's economy, airport construction has achieved great development during the 10th Five-Year Plan period (2001-2005). By the end of 2005, China has had 135 civil scheduled-flight airports in 133 cities. In 2005, the total passenger throughput of China reached 284.35 million person times, increased by 17.5% over the previous year; cargo and mail throughput was 6.331 million tons with a year-on-year growth of 14.6%.

Among all civil airports in China, there are 42 airports whose annual passenger throughout exceeds 1 million person times, accounting for 94.7% of total passenger throughout; there are 7 airports whose annual passenger throughout exceeds 10 million person times, accounting for 52.1% of the total; and the passenger throughput of airports in Beijing, Shanghai and Guangzhou shares 37.3% of the total. Besides, China has 39 airports whose annual cargo and mail throughout are over 10,000 tons, accounting for 98.5% of total cargo and mail throughout. And cargo and mail throughput of airports in Beijing, Shanghai and Guangzhou accounts for 56.9% of the total.

Air Transport and Production of China Civil Aviation, Sep. 2006

At present, the turnover of Chinese civil aviation occupies only 0.55% of the total turnover of the whole transport system, and the passenger traffic of civil aviation accounts for only about 10% of the railway passenger traffic. However, the turnover of U.S. civil aviation occupies 9.5% of the total turnover of its comprehensive transport system. With regard to the airport density, China has 1.4 airports per 100,000 km² while Japan has 23.3 airports per 100,000 km². And even in eastern China where airports are most concentrated, there are only 4.8 airports per 100,000 km², while Xinjiang and northwest China only have 0.6 and 0.8 airport per 100,000 km² respectively.

In recent years, the reform of Chinese airport industry has made great progress. Many positive reform measures, such as localized management on airport, encouraging foreign capitals to construct airport, opening up of air freedom rights, and the reform of investment system, etc, have brought great momentum for China airport industry.

During the 11th Five-Year Plan period, China's economy will continue to keep growing, but the growth rate will slow down to some extent. Additionally, the stable growth of both internal and international trade volume will hold the mainstream, so the demand for air cargo and mail transport will continue to rise. Now as Beijing 2008 Olympics draw near, the number of overseas tourists will witness a sharp rise during 2006-2008, which will also stimulate the great demand for international flights. Therefore, China airport industry can still see huge development potentials during the 11th Five-Year Plan period.

2. Review of the operation of China airport industry during 2001-2005
2.1 Cargo and mail throughput
2.1.1 Overview
2.1.2 Annual changes
2.1.3 Summary
2.2 Passenger throughput
2.2.1 Overview
2.2.2 Annual changes
2.2.3 Summary
2.3 Overall air transport
2.3.1 Air cargo transport
2.3.2 Passenger transport via civil aviation
2.3.3 Overall development of air transport

3. Development of China airport industry: challenges and reform
3.1 Key developing factors
3.1.1 Production factors
3.1.2 Demand situation
3.1.3 Related supporting industries
3.1.4 Strategy and competition structure
3.1.5 Functions of government
3.2 Comment on development status
3.2.1 Development course
3.2.2 Airport density
3.2.3 Regional distribution of airport
3.2.4 Income source of airport
3.3 Development trend of China airport industry
3.3.1 Growing travel on sightseeing and business
3.3.2 Growing demands for air cargo transport
3.3.3 More flexible models for investing and financing of civil aviation
3.3.4 Medium and small airports facing fierce competition

4. Development of China airport industry: regional contrast
4.1Yangtze river delta
4.1.1 Overview
4.1.2 Airport layout
4.1.3 Competition pattern
4.2 Pearl river delta
4.2.1 Overview
4.2.2 Competition pattern
4.2.3 Strategy orientation
4.3 Beijing-Tianjin-Hebei Regions
4.3.1 Overview
4.3.2 Airport layout
4.3.3 Competition pattern
4.4 Western China
4.4.1 Overview
4.4.2 Airport layout
4.4.3 Competition pattern

5. Development Forecast of China airport industry during the 11th Five-Year Plan period
5.1 Development environment
5.1.1 Sustainable and stable development of national economy
5.1.2 Development trend of domestic and foreign trade
5.1.3 Airport programming during the 11th Five-Year Plan period
5.1.4 Prospect of opening of air freedom rights
5.1.5 Prospect of airport charge system reform
5.2 Prospect of the transport industry during 2006-2010
5.2.1 Prospect of overall development capacity
5.2.2 Replacement of other transport ways for air transport
5.3 Prospect of market demand for civil aviation and growth of transport capacity
5.3.1 Guaranteed market demand for civil aviation
5.3.2 High growth rate of transport capacity
5.4 Growth prospect of airport industry
5.4.1 Construction goal of airport during the 11th Five-Year Plan period
5.4.2 Administration level
5.4.3 Business exploitation
5.4.4 Freight service
5.5 Forecast of major production indexes of airport industry during the 11th Five-Year Plan period
5.5.1 Forecast of airport cargo and mail throughput during 2006-2010
5.5.2 Forecast of airport passenger throughput during 2006-2010
5.5.3 Forecast of aircraft movement index during 2006-2010

6. Analysis on Chinese leading airport operators
6.1 Beijing Capital International Airport
6.1.1 Airport introduction
6.1.2 Operation and financial results
6.1.3 Competitive advantages and prospect
6.2 Shanghai Airport
6.2.1 Airport introduction
6.2.2 Operation and financial results
6.2.3 Competitive advantages and prospect
6.3 Guangzhou Baiyun International Airport Co., Ltd
6.3.1 Airport introduction
6.3.2 Operation and financial results
6.3.3 Competitive advantages and prospect
6.4 Shenzhen Airport Co., Ltd
6.4.1 Airport introduction
6.4.2 Operation and financial results
6.4.3 Competitive advantages and prospect
6.5 Chengdu Shuangliu International Airport
6.5.1 Airport introduction
6.5.2 Operation and financial results
6.5.3 Competitive advantages and prospect

7 Analysis on investment in airport industry
7.1 Major characteristics of airport industry
7.1.1 Infrastructure industry with diversified economic characteristics
7.1.2 Strong correlation between airport operations status and macro-economy
7.1.3 Interdependent relations between airport and airlines
7.1.4 Huge investment capital
7.1.5 Periodical characteristics of airport profit growth
7.2 Analysis on investment value
7.2.1 Look on airport investment value with comparative view
7.2.2 High investment value on hub-airport
7.2.3 Prospects of diversified investment of China civil airport
7.3 Analysis on investment opportunities of airport industry
7.3.1 Wide development space
7.3.2 Investment policy on airport industry
7.3.3 Development priorities of airport industry
7.4 Analysis on investment risks of airport industry
7.4.1 Risk of scale-expansion
7.4.2 Risk of economic benefits
7.4.3 Investment impulse of local government

8. Analysis on competition and development strategy of airport industry
8.1 Competition
8.1.1 Location advantage determines competitive position
8.1.2 Capital war caused by the entry of overseas airlines
8.1.3 Surge of M & A of local airports
8.2 Problems and development strategy of airport construction
8.2.1 Problems
8.2.2 Development strategy
8.2.3 Problems in the development of Chinese civil airports
8.3 Development strategy and countermeasures
8.3.1 Enlightenment of US airport management mode and suggestions
8.3.2 Thoughts on development strategy of western airports
8.33 Improving scientific decision-making ability and enhancing airport management