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Nov
2012
Government regulations and infrastructure stifle growth
category : Luxury yachts and Private jets | Luxury insights China © 2016 FDKG Ltd.
According to official Chinese statistics there are approximately 3000 luxury yachts registered in China and coincidentally 3000 privately owned aircraft, of which 200 are corporate jets and 100 aircraft that are licensed to fly frequently, which is 0.8 hours per day. These are not commercial aircraft, which by comparison can fly up to 9.5 hours per day…
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