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China is currently in the midst of a long-term transformation of its national business model. Earlier growth was based on the nation's comparative advantage at the time－low-cost labor combined with good infrastructure and a business environment that was acceptable for low-wage manufacturing. This business model enabled China's growth for more than 30 years and allowed it to raise almost all of its people out of extreme poverty.

China in 1989 had more than 180 million HB carriers.

China is now the world's second-largest civil aviation market. It is expected to become the world's largest by the mid-2020s, according to forecast by the International Air Transport Association.

China is the world's second largest economy, largest industrial producer, largest trader in goods, and largest holder of foreign exchange reserves. Moreover, with its large population of 1.4 billion and a rapidly growing middle class, China is the world's largest and most promising market.

China is capable of achieving its economic growth target of 6.5 percent with the economic aggregate reaching 90 trillion yuan (.13 trillion) in 2018, Ning Jizhe, head of the National Bureau of Statistics, said in an interview on Monday.