Group 1 - The National People's Congress Standing Committee is set to review the revised Anti-Unfair Competition Law, focusing on addressing "involution" competition and enhancing fair competition review systems [1][2] - The revised law aims to clarify the obligations of platform operators in handling unfair competition behaviors among platform users, including the misuse of trademarks and misleading search keywords [1] - The law will also define the criteria for behaviors such as data rights infringement and malicious trading, while addressing issues related to large enterprises delaying payments to small and medium-sized enterprises [1] Group 2 - The draft revision of the Civil Aviation Law will also be reviewed, with a focus on promoting the development of the civil aviation industry, particularly in manufacturing and low-altitude economy [2] - New provisions will be added to support the establishment of an innovation system in civil aviation manufacturing, emphasizing the importance of key technology research and development [2] - The law will enhance passenger rights protection by including specific terms related to ticket sales, refunds, and flight delays, ensuring better arrangements for passengers during disruptions [2]

Group 1 - The National People's Congress is reviewing the Anti-Unfair Competition Law and Civil Aviation Law to address "involution" competition and promote low-altitude economy development [1][2] - The revised Anti-Unfair Competition Law aims to enhance fair competition review systems and clarify standards for confusing unfair competition behaviors, including misuse of trademarks and search keywords [1][2] - The law will also address issues related to data rights infringement and malicious trading, focusing on large enterprises' abuse of their dominant positions, particularly regarding payment delays to small and medium-sized enterprises [1][2] Group 2 - The Civil Aviation Law revision will include measures to promote the development of the civil aviation industry, particularly in manufacturing and low-altitude economy [2] - A new chapter on "development promotion" will be added, emphasizing the establishment of an innovation system for civil aviation manufacturing that integrates enterprises, market orientation, and research [2] - The law will also outline measures for optimizing low-altitude airspace resource allocation and establishing regulatory platforms for civil low-altitude flight services [2] Group 3 - The revision will enhance passenger rights protection by including specific provisions regarding ticket sales, refunds, changes, and baggage transportation [3] - It will also modify the obligations of airlines and airports to provide "food and accommodation" arrangements for passengers in case of flight delays or cancellations [3]

Core Viewpoint - The recent delivery of a Boeing 737 MAX 8 to a Chinese airline marks a significant moment in the recovery of Boeing's operations in China, following the impacts of the US-China trade war and the pandemic [2][3][5]. Group 1: Impact of US-China Trade Relations - The trade war previously led to a dramatic increase in tariffs on US-made aircraft and parts, from around 5% to as high as 145%, discouraging Chinese airlines from purchasing Boeing aircraft [2][3]. - The delivery process for Boeing aircraft has evolved, with planes now being completed in China after initial assembly in the US, reflecting a shift in operational strategy [2][3]. Group 2: Delivery and Production Challenges - Boeing's delivery capacity to Chinese airlines has significantly decreased, with only about 60 new 737 MAX aircraft delivered since 2019, compared to an expected annual delivery of 100 [6]. - The company aims to achieve positive cash flow by increasing the monthly production of the 737 MAX to between 38 and 40 units, as current production is limited by FAA regulations [5][6]. Group 3: Market Dynamics and Customer Retention - Several Chinese airlines have shifted away from Boeing, with some converting their orders to other aircraft models, indicating a potential loss of market share for Boeing in China [6][7]. - Despite challenges, there are indications of a potential recovery, with new aircraft deliveries, including the 737 MAX, expected to resume soon, which could revitalize operations at Boeing's Zhoushan facility [7].