China is set to overtake all rivals as the world's largest aviation services market by 2044, with its value projected to soar from 24.8 billion U.S. dollars in 2025 to 63.8 billion, Airbus said in its latest Global Services Forecast released Thursday.
The report highlights a significant shift in the focus of after-sales services toward the east. Among the various sectors, digital and connectivity services are expected to experience the fastest growth, with market values soaring from 1.4 billion U.S. dollars in 2025 to 5.1 billion U.S. dollars by 2044.
China holds the title of the largest single-country market for Airbus in terms of fleet size. The company anticipates that China will take delivery of approximately 9,570 new aircraft over the next 20 years, further boosting demand for comprehensive services throughout the aircraft lifecycle.
Highlighting China’s rapid growth in aviation services, Amaya Rodriguez Gonzalez, Airbus's vice president of aftermarket strategy customer services, told CGTN in Beijing that digital connectivity services will drive the fastest growth over the next two decades.
"In terms of opportunity, definitely we see the market dedicated to digital and connectivity as one of the highest growth markets for the next 20 years. In terms of size, it will grow from 9 million in 2025 to around 26 billion by 2044 with a compounded annual growth rate of 5.6 percent, which is the highest of all the markets. What we can see is that actually China will become the largest market in terms of services demand by 2044. We're talking about taking a market share today of around 15 to 16 percent out of the total services a month to around 20 percent by 2044. We're talking about reaching our services amount of 64 billion U.S. dollars by that time," said Amaya Rodriguez Gonzalez, vice president of aftermarket strategy customer services, she said.
Airbus forecasts China to lead global aviation services market by 2044
China's securities regulator has pledged to prioritize market stability and resolutely prevent sharp fluctuations as a core objective for 2026, aiming to consolidate sound development of the capital market.
The China Securities Regulatory Commission (CSRC) made the commitment at its annual work conference on Thursday, where the regulator reviewed the past year's performance and outlined key tasks for 2026.
In 2025, listed companies distributed a combined total of 2.68 trillion yuan (about 380 billion U.S. dollars) in cash dividends and share buybacks throughout the year, further consolidating the momentum for high-quality development.
Initial public offerings (IPOs) and follow-on offerings reached a combined 1.26 trillion yuan, while the exchange bond market issued various bonds totaling 16.3 trillion yuan.
Eighteen futures and options products were smoothly listed, demonstrating the robust functioning of the multi-tiered capital market.
The meeting emphasized that while the capital market currently shows stable and sound performance, it still faces complex and severe challenges posed by intertwined domestic and external risks as well as the overlapping of persisting and emerging issues.
Efforts will be made to effectively enhance the intrinsic stability of the market, the CSRC said, adding that it will rigorously investigate and punish excessive speculation, market manipulation, and other illegal activities to prevent sharp market fluctuations.
It will work to foster a market ecosystem where "long-term capital engages in long-term investment," the regulator said, pledging efforts to broaden the channels for medium and long-term capital inflows, introduce various products and risk management tools suited to long-term investment, and actively guide long-term, rational and value-based investment.
It also vowed to enhance the inclusiveness and adaptability of the multi-tiered equity market, crack down on illegal activities such as financial fraud, price manipulation and insider trading, and enhance corporate governance among listed firms.
The CSRC will advance the two-way opening up of the capital market in 2026.
Efforts will be made to expedite the implementation of the optimized Qualified Foreign Institutional Investor scheme, expand the scope of futures products accessible to foreign investors, and enhance the facilitation of cross-border investment and financing, the regulator said.
China's securities regulator stresses market stability in 2026 work plan
