【Digital techs power China's smart civil aviation industry】
The booming digitalization trend is driving China's endeavor of building a smart civil aviation industry to boost sustainable development.
To give full play to digital technologies, civil aviation authorities will integrate the "smart" concept and technologies into industry growth in the 14th Five-Year Plan period (2021-2025), according to the Civil Aviation Administration of China (CAAC).
The move to create smart civil aviation is expected to provide new room for industry development and drive high-quality and high-efficiency growth of this sector, with digitalization as the key driving force.
Driving digital transformation
Since 2010, China's civil aviation sector has remained the world's second-largest in terms of passenger throughput.
The aviation industry generates and processes massive amounts of data along its long industrial chain, making it naturally more adaptive to the wave of digitization. The application of digital technologies is of great importance to ensuring safety, efficiency and sustainable growth.
The CAAC is committed to making the entire industry smart by integrating new-generation digital technologies into the whole industry -- from air travel, air logistics and customs clearance, to the industry's operation and supervision, according to the CAAC's smart aviation strategy.
The CAAC is actively promoting the radio frequency identification (RFID) technology in luggage tracking, automatic luggage check-in, facial recognition, and intelligent inquiry services, among others.
China's major airports will enhance their luggage management service capabilities. Within this year, all major airports with annual passenger throughput exceeding 10 million will apply RFID.
The CAAC is also encouraging innovation in related technologies and drafting tech roadmaps in fields such as in-flight internet surfing on commercial airplanes.
In a recently issued tech roadmap, the CAAC showed the development path for the new-generation broadband communication technologies, represented by 5G-techs.
According to the roadmap, air passengers' in-flight internet surfing experience will be greatly enhanced, from previous cabin local networks to broadband connectivity with much higher speed.
As of the end of June, a total of 769 commercial airplanes of 21 Chinese airlines had been equipped with in-flight internet services, up 18 percent from 2020, CAAC data shows.
Opening new space
The CAAC's strategy in building a smart civil aviation industry is expected to boost the sector's further recovery from the COVID-19 impact, and open new space for industry players.
Digital techs will greatly boost the profitability and market performance of airlines, by saving fuel and personnel, cutting operation and maintenance costs, and enhancing safety and passenger experience, said Steven Lien, president of Honeywell China and Aerospace Asia Pacific.
"Working with Chinese partners, we look forward to supporting the digitalization of China's aviation industry and exploring more business chances," Lien added.
Digitalization will also contribute to the reduction in emissions through various "saving" and "enhancement" means. It is expected to help sustain the industry's low-carbon transformation, which is a challenging task for the whole industry.
"Digital techs enable us to save fuel and paper. We are not only concerned about cutting costs, but also about our shared commitments with China in cutting emissions," said Bernard Sim, deputy general manager of Scoot Airways.
The Singapore-based low-cost airline has resumed flights to eight Chinese destinations, around one-third of its resumed global network.
"Digitalization is a great chance of self-upgrading for airlines. It powers us to enhance passenger flight experiences and explore sustainable growth, especially in the massive market of China," Sim said.
The booming digitalization trend is driving China's endeavor of building a smart civil aviation industry to boost sustainable development.
To give full play to digital technologies, civil aviation authorities will integrate the "smart" concept and technologies into industry growth in the 14th Five-Year Plan period (2021-2025), according to the Civil Aviation Administration of China (CAAC).
The move to create smart civil aviation is expected to provide new room for industry development and drive high-quality and high-efficiency growth of this sector, with digitalization as the key driving force.
Driving digital transformation
Since 2010, China's civil aviation sector has remained the world's second-largest in terms of passenger throughput.
The aviation industry generates and processes massive amounts of data along its long industrial chain, making it naturally more adaptive to the wave of digitization. The application of digital technologies is of great importance to ensuring safety, efficiency and sustainable growth.
The CAAC is committed to making the entire industry smart by integrating new-generation digital technologies into the whole industry -- from air travel, air logistics and customs clearance, to the industry's operation and supervision, according to the CAAC's smart aviation strategy.
The CAAC is actively promoting the radio frequency identification (RFID) technology in luggage tracking, automatic luggage check-in, facial recognition, and intelligent inquiry services, among others.
China's major airports will enhance their luggage management service capabilities. Within this year, all major airports with annual passenger throughput exceeding 10 million will apply RFID.
The CAAC is also encouraging innovation in related technologies and drafting tech roadmaps in fields such as in-flight internet surfing on commercial airplanes.
In a recently issued tech roadmap, the CAAC showed the development path for the new-generation broadband communication technologies, represented by 5G-techs.
According to the roadmap, air passengers' in-flight internet surfing experience will be greatly enhanced, from previous cabin local networks to broadband connectivity with much higher speed.
As of the end of June, a total of 769 commercial airplanes of 21 Chinese airlines had been equipped with in-flight internet services, up 18 percent from 2020, CAAC data shows.
Opening new space
The CAAC's strategy in building a smart civil aviation industry is expected to boost the sector's further recovery from the COVID-19 impact, and open new space for industry players.
Digital techs will greatly boost the profitability and market performance of airlines, by saving fuel and personnel, cutting operation and maintenance costs, and enhancing safety and passenger experience, said Steven Lien, president of Honeywell China and Aerospace Asia Pacific.
"Working with Chinese partners, we look forward to supporting the digitalization of China's aviation industry and exploring more business chances," Lien added.
Digitalization will also contribute to the reduction in emissions through various "saving" and "enhancement" means. It is expected to help sustain the industry's low-carbon transformation, which is a challenging task for the whole industry.
"Digital techs enable us to save fuel and paper. We are not only concerned about cutting costs, but also about our shared commitments with China in cutting emissions," said Bernard Sim, deputy general manager of Scoot Airways.
The Singapore-based low-cost airline has resumed flights to eight Chinese destinations, around one-third of its resumed global network.
"Digitalization is a great chance of self-upgrading for airlines. It powers us to enhance passenger flight experiences and explore sustainable growth, especially in the massive market of China," Sim said.
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#基金# #量化私募#
详情见>>>https://t.cn/A6MPU6t6
九坤投资在关于该产品的介绍中写道：这只基金设立于2016年2月。主要投资于多个亚太市场股票。基金试图通过不同的市场中性策略来达成目标。据此判断，九坤的这只美元基金可看做一只市场中性策略基金。
目前这只基金的规模为3.22亿美元。从2019年5月底到2021年的8月底，规模从1700万美元涨到了3.22亿美元，增加了近18倍。
#基金# #量化私募#
详情见>>>https://t.cn/A6MPU6t6
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