China Daily (Hong Kong)

China’s FDI volume basically stable Huge number of pilots needed

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Foreign direct investment into the Chinese mainland dropped 1.2 percent year-on-year between January and July to 485.42 billion yuan ($72.66 billion), official data released by the Ministry of Commerce show. A total of 17,703 newly funded foreign companies were establishe­d in the first seven months, up 12 percent yearon-year, according to the ministry. “The FDI volume was basically stable from January to July, and the structure continued to optimize,” said Lin Guijun, a professor at the University of Internatio­nal Business and Economics. “FDI to China is likely to remain stable in the second half of this year, especially in areas such as consumer goods, and software developmen­t, leasing and informatio­n services, as foreign companies are realizing that China’s growing middle class will have higher levels of disposable income and that the country is shifting to a productivi­ty-driven growth model,” said Lin. More than 253,000 new pilots will be needed in the next 20 years for the surging Asia-Pacific aviation market, Boeing China announced on Monday. Boeing predicted that from 2017 to 2036 the world’s commercial aviation industry will require about 637,000 new commercial airline pilots, according to its newly released 2017 Pilot and Technician Outlook. The worldwide demand for commercial aviation industry profession­als also includes 648,000 new commercial airline maintenanc­e technician­s and 839,000 new cabin crew members. The Asia-Pacific, Europe and North America markets top the list of global demand for profession­als in the commercial aviation industry. In the Asia-Pacific region, the demand for new pilots, technician­s and cabin crew is forecast to reach 253,000, 256,000 and 308,000, respective­ly. browsing. For tourists venturing into neighborin­g Malaysian towns, the plan will also enable them to roam and communicat­e freely without the hassle of having to exchange their SIM cards. The experience of unlimited communicat­ions is further augmented with immediate access to transporta­tion services through DART, Brunei’s first ride booking service. States to retain a dispute-resolution mechanism and protect Canada’s supply-management system. It will do so in the upcoming redrafting talks of the North American Free Trade Agreement talks between Canada, the United States and Mexico, Canadian Foreign Minister Chrystia Freeland said on Monday. “Canada will uphold and preserve the elements in NAFTA that Canadians deem key to our national interest, including a process to ensure antidumpin­g and countervai­ling duties are only applied fairly when truly warranted,” she said in a speech at the University of Ottawa’s Centre for Internatio­nal Policy Studies. A dispute-resolution mechanism under Chapter 19 of NAFTA allows Canada and Mexico to appeal countervai­ling and anti-dumping duties imposed by the US through independen­t tribunals, that have often ruled against the US, rather than through judicial reviews in US courts. tons. Brazilian news website Globo said the increase puts a burden on the country’s export infrastruc­ture, noting that in the next few months, nearly 10 million tons of soy will have to “compete for space” against corn at shipping terminals.

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