China's resilience buoys up global aviation industry
BEIJING-China is leading the global civil aviation industry in recovering from the impact of COVID-19. The nation's economic resilience and growth momentum continue to inspire confidence among multinationals in the aviation industry.
The COVID-19 pandemic hit the global economy hard in 2020.Thanks to effective control methods, China's economy has rebounded and it has quickly re-established domestic air travel. For multinational firms within the sector, this means continuity of business along the whole industrial chain, including aircraft manufacturers, parts suppliers and air-freight carriers.
All in all, multinationals operating in the sector are confident of China's response to the pandemic and the prospects for continued growth here.