Hub airports

THE National Development and Reform Commission (NDRC) said Friday the country would aim to build one or two hub airports for cargo carriers by 2035, in the latest move to boost the development of the country’s air cargo industry.

China will support cargo airlines to expand their fleet and relax some restrictions on airspace, the NDRC said in a statement on its website.

Heavy truck sales

SALES of heavy trucks in China registered robust year-on-year growth in August to set a new record in years, industry data showed.

Around 128,000 heavy trucks were sold last month, surging 75 percent year on year, according to estimation by auto industry information service provider cvworld.cn. The figure broke a record set in August 2017, when some 93,700 trucks were sold, and witnessed a five-month streak of sales peaks.

Property sales

THE country’s top real estate developers saw robust sales in the first eight months of this year, an industrial report showed.

For the January-August period, the average sales volume of the top 100 real estate developers reached 73.09 billion yuan (US$10.7 billion), up 4.9 percent year on year, said the report by China Index Academy, a property research institution.