This articleanalyses the phenomenon that the ticketpricecontrolled by General Administration of Civil Aviationof China(CAAC) anddepreciatingcompetitionbetweenairlines.
The steps included clearance for foreign investment in the multi-brand retail and civilaviation sectors, and a decision to allow gradual increases in the price of highly-subsidized diesel.
On September 28th, the CivilAviation Authority, the airports' regulator, is to recommend a new method of price regulation, which will end the cross-subsidy of airport charges.