China Aviation Profits Reach Record High in 2010

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BEIJING, Jan. 12 (Xinhuanet) -- China's aviation industry profits jumped threefold to 43.7 billion yuan in 2010. A senior industry regulator says the record profits were thanks to robust air travel in China. He also says efforts have been made in the past year, to promote the prosperity of the air industry. 

The Civil Aviation Administration of China has enhanced cooperation with local governments. And favorable policies have helped the sector's development. The number of air passengers in China is expected to top 300 million this year.