2 1 Shi Ji Jing Ji Bao Dao·2025-08-21 13:47Core Insights - The Greater Bay Area is set to welcome its first five-runway airport, Guangzhou Baiyun International Airport, while Shenzhen Bao'an International Airport's third runway is expected to be operational within the year, marking a significant expansion wave across the region's airports [1][3][4] Airport Expansion - Seven airports in the Greater Bay Area are undergoing expansion, with notable projects including the completion of the fifth runway at Guangzhou Baiyun Airport and the third runway at Shenzhen Bao'an Airport [3][4] - By 2024, all seven airports will have expansion news, with specific upgrades such as Huizhou Airport's increased parking capacity and Hong Kong International Airport's new three-runway system expected to enhance passenger and cargo throughput significantly [4][5] Capacity and Growth - Guangzhou Baiyun Airport is projected to handle 76.37 million passengers in 2024, a 20.89% increase, while still being slightly surpassed by Shanghai Pudong Airport [4][5] - The expansion at Baiyun Airport, with a total investment of 53.77 billion yuan, aims to achieve a passenger capacity of 140 million and cargo capacity of over 6 million tons [5] International Connectivity - The expansion of airports is expected to enhance international connectivity, with Guangzhou Baiyun Airport adding 19 new or increased international routes and Shenzhen Airport increasing its international flight frequency by 26.1% [8][9] - The Greater Bay Area's airports are positioned to capitalize on the growing demand for cross-border e-commerce, with Guangdong's cross-border e-commerce expected to reach 745.4 billion yuan in 2024 [8][9] Regional Trade Relations - The expanding air network is strengthening trade relationships, particularly between Shenzhen and ASEAN countries, with significant increases in passenger and cargo volumes on Southeast Asian routes [9] - Shenzhen Airport's cargo volume to Southeast Asia reached 110,000 tons, reflecting a 21% increase, supported by the establishment of a new cargo hub in Vietnam [9]