CAAC is aiming to boost China's long-neglected domestic regional market further with the distribution of new subsidies even as the recent trend of companies investing in regional startups appears to be accelerating. According to a new regulation scheduled to be implemented by year end, all regional routes measuring 600 km. or shorter will be eligible for the subsidies, with preference given to those opened in central, western or northeastern China. "Though government subsidies can alleviate ...

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