BEIJING Oct 18 China has established a new body
to oversee the aviation supply sector, state media said on
Tuesday, part of the government's ongoing reform of the
state-owned enterprise sector.
The new firm, China Aviation Supplies, is jointly owned by
five existing state-owned firms, including China Southern
Airlines and China Eastern Airlines, the official Xinhua news
"The new company aims to promote the efficient flow of
aviation supplies assets" and "facilitate innovation", Xinhua
said, without providing other details.
Civil aviation is booming in China on the back of economic
growth and as an increasingly affluent population seeks to
(Reporting by Ben Blanchard; Editing by Nick Macfie)