Airline Economic Index Report: Shanghai Pudong, Beijing Capital, and Guangzhou Baiyun firmly rank in the top three

Release time:Apr 16, 2024 14:20 PM

An airport is the closest place to a city to the world, and the airport economy is an important engine for promoting regional economic development. On the 5th, at the 5th "Air Silk Road" International Cooperation Summit of the China International Fair for Trade in Services, the China Port Association, Beijing Airport International Technology Research Institute, and the Henan Collaborative Innovation Center for Aviation Economic Development jointly released the "China Airport Economic Development Index Report".

According to the report, Shanghai Pudong, Beijing Capital, and Guangzhou Baiyun ranked in the top three according to the overall index score, with scores of 77.79, 75.04, and 74.72 respectively, the same as last year. Shenzhen Bao'an, Chengdu Shuangliu, and Zhengzhou Xinzheng also scored above 70 points, ranking 4th to 6th. Beijing Daxing, Shanghai Hongqiao, Chongqing Jiangbei, and Hangzhou Xiaoshan rank 7th to 10th, with scores ranging from 69.63 to 67.25.

The China Airline Economic Development Index Report has been released continuously for five years. Currently, there are 89 aviation economic zones that have been clearly planned and started construction in 31 provinces across the country. The evaluation objects of this report are 39 of them, and the screening criteria are that the airports they rely on have a passenger throughput of over 4 million in 2022.

Among the 39 airspace economic zones, 17 are national level airspace economic demonstration zones. Compared with 2021, these "national teams" still have obvious advantages, with an average total index score of 65.96, higher than the total average score of all airspace economic zones, and significantly higher than the average score of 60.18 for the other 22 non national airspace economic zones, and the difference between the two has widened.

Airline Economic Index Report: Shanghai Pudong, Beijing Capital, and Guangzhou Baiyun firmly rank in the top three

From the perspective of ranking changes, the Nanning Airport Economic Demonstration Zone showed the largest increase, rising from 27th place last year to 21st place, up 6 places; Next are Tianjin Airport Economic Zone and Wenzhou Airport Economic Zone, both ranking 17th and 28th, both rising by 5 places. The report believes that Nanning is a new member of the "national team" that has been approved for construction for less than three years. Last year, its regional influence index and green development index made significant progress. Tianjin has benefited from significant improvements in the aviation finance index and coordinated development index.

The Ningbo Airport Economic Demonstration Zone has seen a significant decline in ranking, dropping from 24th place last year to 32nd place, a decrease of 8 places; Next are Haikou and Sanya Airport Economic Zone, ranking 22nd and 34th respectively, both decreasing by 5 places. The report believes that both Haikou Airport Economic Zone and Sanya Airport Economic Zone have shown significant declines in hub driven index, regional influence index, and coordinated development index, especially in important indicators such as airport passenger and cargo transportation volume and GDP growth rate of the Airport Economic Zone. These two Airport Economic Zones have shown weak performance.

It is difficult to elevate the "top" airport economic zone due to its large size, but in 2022, the Zhengzhou Xinzheng Airport Economic Demonstration Zone advanced two places, surpassing Beijing Daxing and Shanghai Hongqiao, ranking sixth.

Hao Aimin, Dean of the School of Economics at Zhengzhou Aviation Industry Management College, analyzed that firstly, Henan Province has been making the construction of Zhengzhou International Large Cargo Aviation Hub a development goal for many years. In 2022, the cargo volume of Zhengzhou Airport reached over 600000 tons, ranking sixth in the country, an increase of nearly 20% compared to 2019 before the epidemic. Secondly, Zhengzhou Airport Area expanded its jurisdiction to 747 square kilometers last year, resulting in a significant increase in regional economic influence, policy support, and openness. Thirdly, Zhengzhou Airport is characterized by the integration of port industry and port city, with a starting point that is almost "paperless". There is no legacy problem of solving the "cage for bird" problem in the industry. For example, the introduction of Foxconn from the beginning has promoted the agglomeration of the electronic information industry and related aviation industry in the area.

In March 2013, the first batch of national level aviation economic demonstration zones was announced. By this year, China's aviation economic zone construction and development have been 10 years. The report points out that preliminary patterns have been formed in various aviation economic zones, but due to significant changes in the internal and external situation, aviation economic zones are entering the stage of "secondary entrepreneurship". In the past, the main direction was to build a platform for international exchange and trade through external circulation and exports, while in the future, we need to build an important platform that links the "dual circulation".

The report lists multiple challenges faced by the "secondary entrepreneurship" in the airport economic zone: infrastructure mismatch, rapid development of industries, homogenized competition in industrial layout and development paths, many shortcomings in civil aviation services such as multimodal transportation and "aviation+tourism", difficulties in integrating "port industry city", need to strengthen technological innovation capabilities, incomplete aviation logistics ecosystem, insufficient integration with emerging consumer demand and advanced manufacturing industry, insufficient innovation in institutional mechanisms, and so on.

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