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As consolidation rolls China's once-fragmented airline industry, the country's three dominant carriers are turning more attention to cargo, bidding to hold onto the projected Chinese economic growth that is luring foreign freight operators.
Only four months after launching its first all-cargo service, China Southern Airlines last month unveiled an ambitious cargo plan that includes three 747-400 freighters and a 25,000-square-meter cargo center at is Shenzhen hub by 2002. With the investments, China Southern hopes to handle more of the air cargo generated in the booming Pearl River Delta manufacturing region. Much of this freight ends up shipping through Hong Kong, …