SHANGHAI (Reuters) - China will invest as much as 85 billion yuan ($12.41 billion) in aviation infrastructure this year to support the industry’s development, the country’s aviation authority said on Monday.
The Civil Aviation Administration of China made the comment in a statement it posted on its website about its goals for 2019.
($1 = 6.8496 Chinese yuan)
Reporting by Brenda Goh; Editing by Gopakumar Warrier