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China implemented the Foreign Investment Law in January, shortened its negative lists for foreign investment and introduced a number of policies to further optimize its business environment for global investors.

China is pushing forward the Made in China 2025 strategy, as it seeks to tackle bottlenecks and make breakthroughs in 10 sectors, including aviation, new-energy vehicles and marine engineering equipment.

China is entering an era distinguished by services and consumption. In recent years, China's insurance industry development has surged. As of the end of 2017, the country's original premium income increased by about 18 percent year-on-year to 3.7 trillion yuan,

China is pushing forward its airport construction in the civil aviation and general aviation sectors, which both could be used by business aircraft.

China has seen a surge in the civil aviation transportation market in recent years. The CASC has undertaken bulk purchases of Boeing aircraft to allow aviation transport companies to continuously expand their capacity and fleet structure, the CASC said in a press release.