Annual Report 2010

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2010 A NNU A L R EPO R T 2010年報 2010 ANNU A L REPO R T 2010 年報 CONTENTS TravelSky Technology Limited • Annual Report 2010 Corporate Profile 2 Financial Highlights 3 Chairman’s Statement 4 Business Review 6 Management Discussion and Analysis of Financial Condition and Results of Operations 12 Corporate Governance Report 18 Report of Directors 31 Report of the Supervisory Committee 51 Independent Auditor’s Report 52 Consolidated Statement of Comprehensive Income 54 Consolidated Balance Sheet 55 Balance Sheet 56 Consolidated Statement of Changes in Equity 57 Consolidated Cash Flow Statement 58 Notes to the Consolidated Financial Statements 59 Supplementary Information from the Management 120 Corporate Information 121 Biographies of Directors, Supervisors, Senior Management and Joint Company Secretaries 126 1 TravelSky Technology Limited • Annual Report 2010 CORPORATE PROFILE TravelSky Technology Limited (the “Company”, or including its subsidiaries, the “Group”) is the dominant provider of information technology solutions for China’s aviation and travel industry. The Group has been devoted to developing leading products and services that satisfy the needs of all the industry participants – ranging from commercial airlines, airports and air travel products and services suppliers to travel agencies, corporate clients, travelers and cargo shippers – to conduct electronic transactions and manage the demand for travel-related information. The core businesses of the Company include aviation information technology service, distribution information technology service, clearing and accounting and settlement service for aviation industry, etc. The Company was incorporated in the People’s Republic of China (the “PRC” or “China”) on October 18, 2000. As of the date of this report, it has a direct controlling equity interest in each of the following significant subsidiaries: TravelSky Technology (Hong Kong) Limited, TravelSky Technology (Singapore) Limited, TravelSky Technology (Korea) Limited, TravelSky Technology (Japan) Limited, TravelSky Technology (Europe) GmbH, TravelSky Technology (USA) Ltd, Accounting Centre of China Aviation Limited Company (“ACCA”), Shanghai TravelSky Information Technology Limited, Guangzhou TravelSky Information Technology Limited, Hainan Civil Aviation Cares Co., Ltd., Cares Shenzhen Co., Ltd., Cares Hubei Co., Ltd., Cares Chongqing Information Technology Co., Ltd., Aviation Cares of Yunnan Information Co., Ltd., Civil Aviation Cares of Xiamen Ltd., Civil Aviation Cares of Qingdao Ltd., Civil Aviation Cares Technology of Xi’an Ltd., Civil Aviation Cares Technology of Xinjiang Ltd., InfoSky Technology Co., Ltd. and TravelSky Technology (Beijing) Real Estate Limited. The Company also holds an equity interest in each of the following associated companies: Shanghai Civil Aviation East China Cares System Integration Co., Ltd., Shenyang Civil Aviation Cares of Northeast China, Ltd., Aviation Cares of Southwest Chengdu, Ltd., Heilongjiang TravelSky Airport Technology Limited, Yunnan TravelSky Airport Technology Limited, Shanghai Dongmei Aviation Tourism Online Co., Ltd, Dalian TravelSky Airport Technology Limited, Hebei TravelSky Airport Technology Limited and Guangzhou Airport AirSpan Information Technology Co. Ltd. The Group had 4,324 employees as of December 31, 2010. The H shares of the Company were listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on February 7, 2001. As of the date of this report, the largest shareholder of the Company is China TravelSky Holding Company, which holds an equity interest of approximately 29.29% in the Company. A total of approximately 38.84% of the equity interest in the Company is held by 13 Chinese commercial airlines, including the holding companies of the three largest Chinese commercial airlines, namely, China Southern Air Holding Company, China Eastern Air Holding Company and China National Aviation Holding Company. The remaining 31.87% of the equity interest in the Company is held by holders of its H shares. The Company established a Sponsored Level I American Depositary Receipt Programme. American depositary shares under the programme commenced trading on the U.S. over-the-counter market (OTC) on December 27, 2002. 2 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100 1001010100100101001101010001010010101001001010011010100010100101010010010100110101000101 1001010100100101001101010001010010101001001010011010100010100101010010010100110 1001010100100101001101010001010010101001001010011010100010100101010010010100110 10010101001001010011010100010100101010010010100110101000101001010100100 3 100101010010010100110101000101001010100100101001101010001010010101001 100101010010010100110101000101001010100100101001101010001010010101001 100101010010010100110101000101001010100100101001101010001010010101001 10010101001001010011010100010100101010010010100110101000101 10010101001001010011010100010100101010010010100110101000101 10010101001001010011010100010100101010010010100110101000101 10 7,881,357 10 1,411,724 Annual Report 2010 09 7,027,283 09 1,163,121 08 6,295,531 08 963,449 07 6,055,922 07 1,003,670 1 1 0 0 0 0 0 0 06 5,450,540 06 901,941 Earnings before interests, tax, depreciation and amortization RMB’000 Total assets Total RMB’000 TravelSky Technology Limited • Technology TravelSky FINANCIAL HIGHLIGHTS 0.46 10 1,050,142 10 0.40 09 903,649 09 0.33 08 722,741 08 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100101 100101010010010100110101000101001010100100101001101010001010010101001001010011010100010100 1001010100100101001101010001010010101001001010011010100010100101010010010100110101000101 10010101001001010011010100010100101010010010100110101000101001010100100101001101010001 07 0.36 07 821,445 1001010100100101001101010001010010101001001010011010100010100101010010010100110 1001010100100101001101010001010010101001001010011010100010100101010010010100110 10010101001001010011010100010100101010010010100110101000101001010100100101001 06 0.30 06 724,382 Profit Profit before taxation RMB’000 Earnings Per Share Basic and Diluted RMB 100101010010010100110101000101001010100100101001101010001010010101001 100101010010010100110101000101001010100100101001101010001010010101001 100101010010010100110101000101001010100100101001101010001010010101001 10010101001001010011010100010100101010010010100110101000101 10010101001001010011010100010100101010010010100110101000101 10010101001001010011010100010100101010010010100110101000101 10 896,882 10 3,054,403 09 775,900 09 2,619,524 08 637,974 08 2,271,237 1 0 0 0 0 0 0 07 694,887 07 2,256,588 The financial figures for the year 2006, 2007 and 2008 have been adjusted, as if ACCA had been acquired at the earliest period presented. 06 06 Revenues RMB’000 Profit Profit Attributable to Equity Holders of the Company RMB’000 580,810 1,948,831 Note: TravelSky Technology Limited • Annual Report 2010 CHAIRMAN’S STATEMENT DEAR SHAREHOLDERS, 2010 was the last year of the 11th Five-Year Plan period for the Group. It was also a year that witnessed the Group’s proactive and progressive execution of the strategy of “growing stronger and larger to go global”, making progress in fields of safety, market exploration, service improvement, product research and development and managerial reform by capturing the favourable opportunities emerged following the macro-economic rebound and the growth in tourism market fuelled by increased consumer spending. And also in this same year, the Group achieved encouraging operating results for another consecutive year and accomplished its mission of providing information security service for Shanghai Expo and Guangzhou Asia Games. 2011 is the first year of the 12th Five-Year Plan period for the Mr. Xu Qiang Group. It is also a year that is crucial to leveraging on our past Chairman experience and preparing for future development. The favourable policies promulgated by the Chinese government and designated to build the nation into a civil aviation power, to accelerate the development of the tourism industry, to revitalize the logistics industry and to promote the development of information technology will underpin the growth of market demand and promote the sustained development of the industry, thus presenting a rare historic opportunity for the Group to achieve leapfrog development. On the other hand, the Group’s development may be exposed to notable external challenges due to (among others) the further restructuring of the commercial airlines and their urgent needs to reach out to the world, the impact of high-speed railway system and other means of transport on air transport market, the liberalization trend of the GDS market and the free boundary problem of the IT industry as a result of technological advancements. 4 TravelSky Technology Limited • Annual Report 2010 CHAIRMAN’S STATEMENT To this end, based on the achievements accomplished during the 11th Five-Year Plan period, the Group will continue
Recommended publications
  • Air China Limited
    Air China Limited Air China Limited Stock code: 00753 Hong Kong 601111 Shanghai AIRC London Annual Report 20 No. 30, Tianzhu Road, Airport Industrial Zone, Shunyi District, Beijing, 101312, P.R. China Tel 86-10-61462560 Fax 86-10-61462805 19 Annual Report 2019 www.airchina.com.cn 中國國際航空股份有限公司 (short name: 中國國航) (English name: travel experience and help passengers to stay safe by upholding the Air China Limited, short name: Air China) is the only national spirit of phoenix of being a practitioner, promoter and leader for the flag carrier of China. development of the Chinese civil aviation industry. The Company is also committed to leading the industrial development by establishing As the old saying goes, “Phoenix, a bird symbolizing benevolence” itself as a “National Brand”, at the same time pursuing outstanding and “The whole world will be at peace once a phoenix reveals performance through innovative and excelling efforts. itself”. The corporate logo of Air China is composed of an artistic phoenix figure, the Chinese characters of “中國國際航空公司” in Air China was listed on The Stock Exchange of Hong Kong Limited calligraphy written by Mr. Deng Xiaoping, by whom the China’s (stock code: 0753) and the London Stock Exchange (stock code: reform and opening-up blueprint was designed, and the characters of AIRC) on 15 December 2004, and was listed on the Shanghai Stock “AIR CHINA” in English. Signifying good auspices in the ancient Exchange (stock code: 601111) on 18 August 2006. Chinese legends, phoenix is the king of all birds. It “flies from the eastern Happy Land and travels over mountains and seas and Headquartered in Beijing, Air China has set up branches in Southwest bestows luck and happiness upon all parts of the world”.
    [Show full text]
  • Monthly OTP July 2019
    Monthly OTP July 2019 ON-TIME PERFORMANCE AIRLINES Contents On-Time is percentage of flights that depart or arrive within 15 minutes of schedule. Global OTP rankings are only assigned to all Airlines/Airports where OAG has status coverage for at least 80% of the scheduled flights. Regional Airlines Status coverage will only be based on actual gate times rather than estimated times. This July result in some airlines / airports being excluded from this report. If you would like to review your flight status feed with OAG pleas [email protected] MAKE SMARTER MOVES Airline Monthly OTP – July 2019 Page 1 of 1 Home GLOBAL AIRLINES – TOP 50 AND BOTTOM 50 TOP AIRLINE ON-TIME FLIGHTS On-time performance BOTTOM AIRLINE ON-TIME FLIGHTS On-time performance Airline Arrivals Rank No. flights Size Airline Arrivals Rank No. flights Size SATA International-Azores GA Garuda Indonesia 93.9% 1 13,798 52 S4 30.8% 160 833 253 Airlines S.A. XL LATAM Airlines Ecuador 92.0% 2 954 246 ZI Aigle Azur 47.8% 159 1,431 215 HD AirDo 90.2% 3 1,806 200 OA Olympic Air 50.6% 158 7,338 92 3K Jetstar Asia 90.0% 4 2,514 168 JU Air Serbia 51.6% 157 3,302 152 CM Copa Airlines 90.0% 5 10,869 66 SP SATA Air Acores 51.8% 156 1,876 196 7G Star Flyer 89.8% 6 1,987 193 A3 Aegean Airlines 52.1% 155 5,446 114 BC Skymark Airlines 88.9% 7 4,917 122 WG Sunwing Airlines Inc.
    [Show full text]
  • U.S. Department of Transportation Federal
    U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.
    [Show full text]
  • AVIC AG600 "Kunlong"
    This production list is presented to you by the editorial team of "Soviet Transports" - current to the beginning of January 2021. Additions and corrections are welcome at [email protected] AVIC AG600 "Kunlong" The AG600 (Jiaolong 600) is a large amphibian powered by four Zhuzhou WJ6 turboprop engines. Development started in 2009 and construction of the prototype in 2014. The first flight took place on 24 December 2017. The aircraft can be used for fire-fighting (it can collect 12 tonnes of water in 20 seconds) and SAR, but also for transport (carrying 50 passengers over up to 5,000 km). The latter capability could give the type strategic value in the South China Sea, which has been subject to various territorial disputes. According to Chinese sources, there were already 17 orders for the type by early 2015. AG600 built by Zhuhai Yanzhou Aircraft Corporation (ZYAC) at Zhuhai from 2016 --- 'B-002A' AG600 AVIC ph. nov20 a full-scale mock-up; in white c/s with dark blue trim and grey belly, titles in Chinese only; displayed in the Jingmen Aviator Town (N30.984289 E112.087750), seen nov20 --- --- AG600 AVIC static test airframe 001 no reg AG600 AVIC r/o 23jul16 the first prototype; production started in 2014, mid-fuselage section completed 29dec14 and nose section completed 17mar15; in primer B-002A AG600 AVIC ZUH 30oct16 in white c/s with dark blue trim and grey belly, titles in Chinese only; f/f 24dec17; f/f from water 20oct18; 172 flights with 308 hours by may20; performed its first landing and take-off on the sea near Qingdao 26jul20 AVIC HO300 The HO300 (Seagull 300) is an amphibian with either four or six seats.
    [Show full text]
  • Global Volatility Steadies the Climb
    WORLD AIRLINER CENSUS Global volatility steadies the climb Cirium Fleet Forecast’s latest outlook sees heady growth settling down to trend levels, with economic slowdown, rising oil prices and production rate challenges as factors Narrowbodies including A321neo will dominate deliveries over 2019-2038 Airbus DAN THISDELL & CHRIS SEYMOUR LONDON commercial jets and turboprops across most spiking above $100/barrel in mid-2014, the sectors has come down from a run of heady Brent Crude benchmark declined rapidly to a nybody who has been watching growth years, slowdown in this context should January 2016 low in the mid-$30s; the subse- the news for the past year cannot be read as a return to longer-term averages. In quent upturn peaked in the $80s a year ago. have missed some recurring head- other words, in commercial aviation, slow- Following a long dip during the second half Alines. In no particular order: US- down is still a long way from downturn. of 2018, oil has this year recovered to the China trade war, potential US-Iran hot war, And, Cirium observes, “a slowdown in high-$60s prevailing in July. US-Mexico trade tension, US-Europe trade growth rates should not be a surprise”. Eco- tension, interest rates rising, Chinese growth nomic indicators are showing “consistent de- RECESSION WORRIES stumbling, Europe facing populist backlash, cline” in all major regions, and the World What comes next is anybody’s guess, but it is longest economic recovery in history, US- Trade Organization’s global trade outlook is at worth noting that the sharp drop in prices that Canada commerce friction, bond and equity its weakest since 2010.
    [Show full text]
  • Journal of Current Chinese Affairs
    China Data Supplement March 2007 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 45 LIU Jen-Kai PRC Laws and Regulations 48 LIU Jen-Kai Hong Kong SAR 51 Political, Social and Economic Data LIU Jen-Kai Macau SAR 58 Political, Social and Economic Data LIU Jen-Kai Taiwan 62 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Studies Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 March 2007 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member BoD Board of Directors Cdr. Commander CEO Chief Executive Officer Chp. Chairperson COO Chief Operating Officer CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep.Cdr. Deputy Commander Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Hon.Chp. Honorary Chairperson Hon.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com.
    [Show full text]
  • Tourism in the People's Republic of China: Policies and Economic Development
    Universidade de Aveiro Secção Autónoma de Ciências Sociais, Jurídicas e 2001 Políticas Zélia Maria de Jesus Turismo na República Popular da China: Políticas e Breda Desenvolvimento Económico Universidade de Aveiro Secção Autónoma de Ciências Sociais, Jurídicas e 2001 Políticas Zélia Maria de Jesus Turismo na República Popular da China: Políticas e Breda Desenvolvimento Económico Dissertação apresentada à Universidade de Aveiro para cumprimento dos requisitos necessários à obtenção do grau de Mestre em Estudos Chineses, realizada sob a orientação científica do Professor Robert Franklin Dernberger, Professor Emeritus de Economia da Universidade de Michigan e Professor Catedrático Visitante da Universidade de Aveiro i O Júri Presidente Professor Doutor Manuel Carlos Serrano Pinto Professor Catedrático da Universidade de Aveiro Vogais Professor Doutor Jacques Louis DeLisle Professor Catedrático da Universidade da Pensilvânia, EUA Professor Doutor Carlos Manuel Martins Costa Professor Auxiliar da Universidade de Aveiro Professor Doutor Robert Franklin Dernberger Professor Catedrático visitante da Universidade de Aveiro ii Acknowledgements The present study was not possible to accomplish without the collaboration of several entities and persons, to whom I would like to address my deep thanks in virtue of their support and incentive to this work. To Professor Robert Dernberger, University of Aveiro, who supervised this thesis, patiently read it and offered suggestions and commentaries for its improvement, as well as always showed a supportive
    [Show full text]
  • III. Status Quo of Capitalized Operation of China's Exhibition
    Annual Report on China's Exhibition Economy (2019) Annual Report on China's Exhibition Economy (2019) Organizer: China Council for the Promotion of International Trade (CCPIT) Publisher Department of Trade and Investment Promotion of China Council for the Promotion of International Trade Academy of China Council for the Promotion of International Trade Chief Editorial Board Director: Zhang Shenfeng Vice Chairman of China Council for the Promotion of International Trade Deputy Director: Feng Yaoxiang Director, Department of Trade and Investment Promotion, CCPIT Ruan Wei Deputy Director, Department of Trade and Investment Promotion, CCPIT Zhou Tong Deputy Inspector, Department of Trade and Investment Promotion, CCPIT Lu Ming Vice Chairman of Academy of China Council for the Promotion of International Trade Executive Editorial Board Director: Zhang Shujing Chief, Exhibition and Conference Division, Department of Trade and Investment Promotion, CCPIT Liu Yingkui Director of Department of International Investment Research, Academy of China Council for the Promotion of International Trade Coordinator:Wang Jianjun, Dun Zhigang Business Support: Department of Trade and Investment Promotion, CCPIT: Zhou Jianxiu, Zhu Yingmin, Zhang Bo, Cao Yongping, Duan Jianrong, Fang Ke, Yuan Fang, Wang Jianjun, Liu Yujia Academy of China Council for the Promotion of International Trade: Liu Yingkui, Wan Xiaoguang, Dun Zhigang, Li Yuan, Wu Wenjun Information Department of China International Exhibition Center Group Corporation: Yuan Hang, Zhang Xi, Zhang Qian
    [Show full text]
  • China's Airline Deregulation Since 1997 and the Driving Forces Behind
    CORE Metadata, citation and similar papers at core.ac.uk Provided by University of Southern Queensland ePrints China’s airline deregulation since 1997 and the driving forces behind the 2002 airline consolidations Yahua Zhanga,*, David K. Rounda aCentre for Regulation and Market Analysis, School of Commerce, University of South Australia, Adelaide, SA 5000, Australia *Corresponding author. E-mail address: [email protected] Phone: +61 8 830 20601 Fax: +61 8 830 27001 Abstract: This paper seeks to document and describe events in the last decade in China’s airline markets, and to clarify some misunderstandings in regard to the 2002 airline consolidations that brought sweeping changes to China’s aviation markets. Some possible reasons for the 2002 consolidations are inferred through analysing the numbers and facts of the late 1990s and early 2000s. We conclude that the consolidations may be a natural response to the changes that accompanied airline deregulation in China. Keywords: Deregulation, airline mergers, China 1. Introduction China’s airline markets have attracted the attention of many major international carriers, but have largely failed to attract the attention of academics. Literature on China’s airline markets remains relatively sparse, owing to the country’s opacity in aviation policies and the limitations of data availability. The dramatic changes that took place in China’s airline industry in the past 20 years, from a period of strict regulation and control to being relatively uncontrolled and loosely supervised, resulted in chaotic and unexpected outcomes. Those within the industry had two opposing attitudes towards these changes: some applauded them and called for further reforms, while others resisted and demanded a return to regulation.
    [Show full text]
  • China Data Supplement January 2007
    China Data Supplement January 2007 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 55 LIU Jen-Kai PRC Laws and Regulations 57 LIU Jen-Kai Hong Kong SAR 62 Political, Social and Economic Data LIU Jen-Kai Macau SAR 69 Political, Social and Economic Data LIU Jen-Kai Taiwan 73 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Studies Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 January 2007 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member BoD Board of Directors Cdr. Commander CEO Chief Executive Officer Chp. Chairperson COO Chief Operating Officer CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep.Cdr. Deputy Commander Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Hon.Chp. Honorary Chairperson Hon.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com.
    [Show full text]
  • 7 Inland Waterways
    EASTE WORKING PAPER No. 15 42798 333 Transport, Energy and Mining Sector Unit, Sustainable Development Department East Asia and Pacific Region December 2007 THE WORLD BANK Work in Progress Public Disclosure Authorized For public discussion An Overview of China’s Transport Sector - 2007 Public Disclosure Authorized Public Disclosure Authorized FINAL REPORT – 19 December, 2007 Public Disclosure Authorized AN OVERVIEW OF CHINA’S TRANSPORT SECTOR - 2007 The reports in this series are available for download from www.worldbank.org/eaptransport EASTR Working Paper 1: Road Improvements for Poverty Alleviation in China (2000) EASTR Working Paper 2: Trends in Trade and Logistics: An East Asian Perspective (2002) EASTR Working Paper 3: Trade and Logistics in East Asia: A Development Agenda (2003) EASTR Working Paper 4: China’s Lagging Provinces: Logistics Development/Trade Facilitation and its impact on poverty reduction (2003) EASTR Working Paper 5: Logistics Development and Trade Facilitation in Lao PDR (2003) EASTR Working Paper 6: Philippines Logistics Study (2002) EASTR Working Paper 7: Vietnam: Logistics Development, Trade Facilitation & the Impact on Poverty Reduction (2003) EASTR Working Paper 8: East Asia Ports in their Urban Context (2003) EASTR Working Paper 9: Private Participation in Infrastructure in China – Issues and Recommendations for the Road, Water and Power Sectors (2003) EASTR Working Paper 10: Timor-Leste Transport Sector – Outline of Priorities and Proposed Sector Investment Program (2005) EASTR Working Paper 11: China: Building
    [Show full text]
  • Chengdu for 2023
    Questionnaire Instructions The questionnaire below includes some of the most asked questions for Worldcon/SMOFcons and bids. Please email the completed answers to [email protected] by Sunday, 22 November, 2020. The completed questionnaires will be posted on the Smofcon 37 ¼ website (https://sites.grenadine.co/sites/conzealand/en/smofcon-37-14) by Tuesday, 1 December, 2020. Please answer all the questions in line below. If a question doesn’t apply to your bid, please state: N/A. If the answer won’t be known until some future date, please provide an estimate of when you will be able to provide an answer. For example, for the question about room rates you might answer “These are expected to be agreed by [date]. Current internet rates are X per night room only for a double or twin and Y for single occupancy.” QUESTIONNAIRE General Name of Bid PandaCon Our slogan is:”Panda wants a WorldCon!” What dates are you bidding for? August or September, 2023 What is your proposed convention host city? Is your convention site in a city center location or a suburb? If a suburb, what are the transport options into the city centre? How far is the site from the city centre? My proposed convention host city is Chengdu. The site is located in our city center. The site is 11.8 km from the city center, 30 minutes by car, 39 minutes by subway,62 minutes by bus.. What are your main facilities? How far are your hotels from your main venue? Chengdu New Convention and Exhibition Center.
    [Show full text]