China's Corporate aviation is lacking a few things in its industry. China as very few private jets in its country because of a low altitude law in affect. This law prevents aircraft's from flying at such low altitude, which keeps out a lot of private jets from being able to fly. China is in the process of dropping that law and allowing private aircraft's to fly in China. China is planning on short term to achieve 150 jets short term and long term to obtain about 700 jets.
Current status of China's aviation industry is that their is a law where aircraft's can not fly below a certain altitude, which is currently killing private aviation and general aviation. The future outlook on China's aviation industry is that they are about to open a law which allows low altitude airspace in 2015.This will create a lot more job opportunities for those people in china in many different areas. Jobs will open all the way from manufacturing to pilots slots. The biggest area that will open the most jobs will be corporate business to take off in china. There will be a big need for pilots, as well as managers in this area because of businesses wanting to enter into corporate aviation which posses more business opportunities.
The impact on the US industry from China's new low altitude airspace coming into affect is that China will have more of a demand for new aircraft's. That being said, Boeing is being looked to by China to manufacture potential aircraft's for those corporation that are going to engage in the new low altitude airspace. Money will be put into Americas economy from other countries, improving our state. Also this will help bring more work and jobs for Boeing, create an even better opportunity for Americans to receive more job opportunities.
The assignment was to address one of three areas - manufacturing, GA/corporate or airlines. It seems like you touched based on a couple of these, but really didn't get into enough depth, mainly focusing your discussion on the new airspace law.
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