China has added 288 new air cargo routes over one year, with enhanced loading capacity and an expanded route network, according to a report released by the China Federation of Logistics and Purchasing on Friday.
According to the report, between January 1, 2024, and April 30, 2025, 288 new air cargo routes were established across the country. Among them, 243 are international routes, creating a network that spans six continents.
The new international routes primarily focus on Asia and Europe, with nearly half targeting Asian destinations and 88 connecting to Europe. There are also 29 new routes to North America.
These cargo routes primarily transport three types of goods: e-commerce goods, electronic products, and general freight.
"The development of China's air logistics, especially the increasingly dense network of air routes, plays a crucial role in facilitating the export of Chinese products, especially high-end items suitable for air transportation. Therefore, it will significantly bolster the development of China's foreign trade," said Cui Zhongfu, chief economist at the China Federation of Logistics and Purchasing.
In addition, during the same period, 45 new domestic air cargo routes were launched, focusing primarily on the transportation of mail, express mail, fresh cold chain products, and e-commerce goods.
Among them, routes for fresh cold chain products account for more than 29 percent of the total, significantly surpassing other cargo routes.
The Jiaxing Global Aviation Logistics Hub project, China's second dedicated air cargo hub, is scheduled to be put into operation at the end of this year. The hub has a total land area of about 520 hectares, with a total investment of 2.11 billion U.S. dollars,
The hub will involve Jiaxing Airport's main structure, freight transport, supporting facilities, and the aviation logistics of YTO Express, a major parcel delivery company in China.
China's air cargo routes increase, route network expands: report
China will strengthen fiscal and financial coordination to amplify policy effectiveness, experts said as the draft central and local budgets for 2026 were unveiled on Friday at the ongoing fourth session of the 14th National People's Congress.
According to the draft central and local budgets for 2026, 1.3 trillion yuan (190 billion U.S. dollars) of ultra-long special treasury bonds will be issued to provide continued support for the implementation of major national strategies and security capacity-building in key areas and for large-scale equipment upgrades and consumer goods trade-in programs.
Ultra-long special treasury bonds totaling 800 billion yuan will be allocated to support the implementation of major national strategies and security capacity-building in key areas, and 250 billion yuan in ultra-long special treasury bonds will be earmarked for consumer goods trade-in programs.
The country will refine these programs in terms of their scope and subsidy standards, and continue to support the scrapping and replacement of automobiles, home appliance trade-in schemes, and purchases of new digital and smart products.
China will also set up a 100-billion-yuan fiscal-financial coordination fund to boost domestic demand. The fund will support consumption and private investment through loan interest subsidies, financing guarantee, and risk compensation.
"Fiscal and monetary policies are the two major macroeconomic tools for macro-control, and their coordination is crucial. For instance, fiscal funds primarily serve as a guiding role, while financial institutions provide the capital. When fiscal guidance and financial resources are combined, the synergistic effect creates a result greater than the sum of its parts," said Yang Zhiyong, director of the Chinese Academy of Fiscal Sciences.
"By leveraging interest subsidies, we can mobilize substantial credit from financial institutions, thereby naturally stimulating consumption. The Ministry of Finance, in collaboration with the People's Bank of China, has introduced highly innovative measures, such as providing guarantees for the issuance of corporate bonds by small and medium-sized enterprises (SMEs), and compensating investors for losses. I believe the leveraging effect, making minimal efforts for maximum results, will become even more potent," said Yao Dongmin, director of the Center for China Fiscal Development under the Central University of Finance and Economics.
China's top legislature opened its annual session on Thursday morning at the Great Hall of the People in Beijing, with Chinese President Xi Jinping and other Party and state leaders attending the opening meeting alongside more than 2,700 NPC deputies. This year's NPC session is scheduled to run till March 12.
China to strengthen fiscal, financial coordination to amplify policy effectiveness: experts
