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    Airports to get subsidy

    2013-06-07 11:27 Global Times     Web Editor: qindexing comment

    China's central and local governments are expected to offer subsidies to airports running at a loss within the year to support the development of regional airports, Wang Kunzhi, an official with the Civil Aviation Administration of China (CAAC), told a forum Thursday.

    A total of 134 regional airports in China lost money last year, with a total loss of 2.9 billion yuan ($471.40 million), according to CAAC data.

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