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Volume 14,Issue 3 Autumn 2012

Weihai Dashuipo Airport Received Subsidies of 9.15 Million Yuan



According to recent information from the Weihai Municipal Finance Bureau, Shandong Province will provide special funds amounting to 9.15 million Yuan to the Weihai Dashuipo Airport, in accordance with the central government’s policy for subsidizing airports with an annual passenger throughput of fewer than 5 million. The subsidies will be used to compensate the service costs of the airport.

According to reports, the central subsidy policy can help accelerate the pace of the Weihai Airport’s development, bring it up to international standards, improve the airport's service, and play an important role in promoting the local economy.

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