HNA Belt and Road routes to rise

The par­ent of Hainan Air­lines to help other car­ri­ers build and man­age air­ports and fa­cil­i­ties as well

China Daily (Hong Kong) - - BUSINESS - By MA ZHIPING in Haikou and ZHU WENQIAN in Bei­jing

HNA Group, the par­ent com­pany of Hainan Air­lines, plans to play a big­ger role in ad­vanc­ing trans­porta­tion ser­vices next year for mul­ti­lat­eral co­op­er­a­tion in coun­tries along the Belt and Road Ini­tia­tive ar­eas, its CEO Huang Qi­jun said.

“We will launch more routes con­nect­ing China with the Belt and Road coun­tries, help our coun­ter­parts build and man­age air­ports to im­prove lo­cal trans­porta­tion ser­vices and in­tro­duce high­end tourism routes with distin­guished Silk Road fea­tures,’’ Huang said.

Three years ago, Pres­i­dent Xi Jin­ping pro­posed the Belt and Road Ini­tia­tive, which in­cludes the Silk Road Eco­nomic Belt and 21st Cen­tury Mar­itime Silk Road, to pro­mote mul­ti­lat­eral de­vel­op­ment of the linked re­gions. The ini­tia­tive has since wit­nessed tan­gi­ble com­mit­ments by China, in­clud­ing the launch of a New Silk Road Fund worth $40 bil­lion in late 2014.

“In­fra­struc­ture is the key to suc­cess­ful im­ple­men­ta­tion of the ini­tia­tive. HNA will ac­tively en­gage it­self in help­ing ad­dress prob­lems such as un­der­in­vest­ment in avi­a­tion fa­cil­i­ties in the Belt and Road ar­eas,” said Huang.

HNA op­er­ates 1,250 air­craft, on about 1,000 routes con­nect­ing more than 260 cities around the globe. Haikou- based HNA, which made its first flight in 1993, has be­come a transna­tional gi­ant boast­ing 600 bil­lion yuan ($86.34 bil­lion) of as­sets and about 200,000 em­ploy­ees at home and abroad, ac­cord­ing to data from the com­pany.

“With a di­ver­si­fied struc­ture, HNA’s busi­ness now ranges from avi­a­tion, fi­nance, real es­tate, lo­gis­tics, hospi­tal­ity and tourism and eco­log­i­cal tech­nol­ogy. It was ranked No 353 of For­tune’s 500 com­pa­nies in 2015,” Huang said.

He said Hainan Is­land was a vi­tal sup­port­ing point for the Belt and Road coun­tries. The group would, he said, fur­ther strengthen the ca­pac­ity of Haikou Meilan In­ter­na­tional Air­port as an in­ter­na­tional hub to bet­ter link with coun­tries in Africa and South Pa­cific.

“We will also help up­grade the in­fra­struc­ture and ser­vice lev­els of the avi­a­tion, tourism, ho­tels, cruis­ers, and duty-free ser­vice sec­tors of Hainan as a top in­ter­na­tional Huang said.

As per the lat­est of­fi­cial es­ti­mates, the to­tal num­ber of tourists in Hainan was ex­pected to reach 60.3 mil­lion in 2016, an in­crease of 13 per­cent on 2015.

“The Hainan pro­vin­cial au­thor­i­ties are con­duct­ing fea­si­bil­ity stud­ies on de­vel­op­ing a free trade zone with ASEAN coun­tries,” Huang said. “HNA, the Chi­nese en­ter­prise be­hind Hainan air­line, will make its best ef­forts to help pro­mote the plan.’’

He Dongni, vice-pres­i­dent of the Haikou-based China In­sti­tute of Re­form and De­vel­op­ment, said HNA had won in­ter­na­tional recog­ni­tion by de­vel­op­ing a di­ver­si­fied busi­ness model and re­sort,” through timely ac­qui­si­tions of a string of over­seas as­sets, which high­lighted its lo­cal­ized man­age­ment.

HNA’s prac­tice had set a good ex­am­ple for Chi­nese en­ter­prises in go­ing global.

“Es­pe­cially its in­no­va­tions in the ap­pli­ca­tion and draft­ing of stan­dards, up­grad­ing of tech­nolo­gies, man­age­ment, ser­vices, green de­vel­op­ment con­cepts and per­for­mance in con­duct­ing so­cial cor­po­rate re­spon­si­bil­i­ties,” He said.

The group had a strong ad­van­tage in play­ing a lead­ing role in con­tribut­ing to the Belt and Road Ini­tia­tive projects, He added.

In­fra­struc­ture is the key to suc­cess­ful im­ple­men­ta­tion of the ini­tia­tive.” Huang Qi­jun, CEO of HNA Group

Con­tact the writers through mazhip­ing@ chi­nadaily.com.cn

XIN­HUA

Two ground staff of Hainan Air­lines pre­pare lists of pas­sen­gers at the Pear­son In­ter­na­tional Air­port in Toronto, Canada.

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