China Focus Of Asia Conference
China is seen as the market with most potential for general aviation in the eyes of organizers of the Asian Aerospace International Congress and Expo, which runs next week in Hong Kong. Most of the major players in the bizjet industry are expected to be there and the focus will be on China, which is making all kinds of moves in the direction of becoming a major GA market. In fact, convention organizers have billed the event as "buyer's guide" to business aircraft and will feature speakers from most of the major manufacturers.
According to conference organizers, Asia/Pacific is now the largest market for general aviation and the potential is far from realized. "Asia is driving the future growth of the aviation industry and China is driving the growth in Asia," the convention website says. In the past year, the Chinese government has relaxed flight rules for GA and its state-owned aviation company has gone on a spending spree, buying up general aviation companies all over the world.