Chinese Airline Company

Chinese government announced that they will cut down all the supports and limit, excpet buy planes, to Chinese Airline Company in order to make them compete with others in the world market. For example, the campany can make its own ticket price, ways, and even sell the stock to private organization, but only can not but planes.

Chinese government want to make chinese airline company have the same power with other foreign companies in the world market, so they make this decision. Considering people's safe, government does not allowed airline company to choose planes itself, but have to apply for allowance of Civil Aviation Administration of China, CAAC.

Maybe it is not the best way, but it is suiltable for CHinese airline. Anyway it is the first time Chinese government give up the control of airline companies. It is a meaningful developement in the CHinese free trade market.