Shanghai’s COMAC delivers first Chinese-built regional jet

The Xiangfeng (Flying Phoenix) is a 90-passenger capacity twin-engine jet, with a standard range of 2,220 kilometers. Shanghai-based Commercial Aircraft Corp. of China (COMAC), which was bought by Chengdu Airlines, says it has received more than 300 orders from 19...

China’s population ages rapidly and becomes more affluent

According to presentations and interviews at China’s Summit on Health, the number of elderly Chinese over 60 is now > 200 million and will compose 35 % of the Chinese population by 2050 or more than 500 million people (WHO forecast). As a consequence, the...