Herminio Andres Alija, general manager of Tractus Asia Ltd.’s China office, explores why, when cooperation must be increasingly prioritized to advance multilateral goals when it comes to the environment, “synergy between Western innovation and Chinese production capabilities will be pivotal to making green technology accessible and affordable worldwide.”

MISSOURI

The state’s already a hub for moving things and for minerals. Could movies be next for Missouri?

ASIA

Asia-Pacific–based executives have mixed perceptions of the U.S. investment climate.

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The National Park Service this week released visitor spending and other economic data sets for 397 parks, sites, historic sites, recreation areas and other properties in its purview. While the report lists top states in a number of visitor and economic impact categories, it does not rank those 397 places. We do.

Boeing announced in July that Macquarie AirFinance had made its first direct order for Boeing airplanes, purchasing 20 737-8s (pictured).

Photo courtesy of Boeing

Boeing this month released its 2024 Commercial Market Outlook for China, following the release of its global Commercial Market Outlook and 2024 Pilot and Technician Outlook at the Farnborough International Airshow in July. “China's commercial fleet will grow 4.1% annually, from 4,345 to 9,740 airplanes by 2043, and its annual passenger traffic growth of 5.9% will exceed the global average of 4.7%, according to the CMO,” said Boeing. “Passenger volumes will receive a boost as airlines grow their networks by connecting major hubs to smaller cities.” Meanwhile, China’s freighter fleet will nearly triple, driven by e-commerce, the report said.

“Chinese carriers will need aviation services worth $780 billion to support the growing fleet, including digital solutions, maintenance and modifications,” said the report, noting that Boeing itself contributes more than $1.5 billion annually to the Chinese economy. “Its airline industry will need to hire and train nearly 430,000 new personnel to support new pilots, maintenance technicians and cabin crew.” That will be part of nearly 2.4 million new commercial pilots, technicians and cabin crew needed by 2043 globally. “This is a challenging and inspiring era for aviation,” said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. “The return to more typical traffic growth shows how resilient our industry is, even as we all work through ongoing supply chain and production constraints amid other global challenges.”

Compare the forecast — released by Boeing since 1961 — with the predictions made in 2016 in this aerospace and aviation report in Site Selection. As for workforce, aerospace and aviation are a regular feature of Site Selection’s annual Workforce Guide, beginning with our first edition in 2021.

Infographic courtesy of Boeing

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Photo courtesy of U.S. Census Bureau

Wrestling with how to distinguish suburbs from exurbs from small towns? “The increasing connectedness between people who live in rural areas but work in urban areas highlights an interesting dynamic: a melding of rural and urban economies,” says new analysis by Earlene K.P. Dowell, a supervisory program analyst in the Census Bureau’s Economic Management Division. View the breakdown of data and learn about tools in “Rethinking Urban and Rural Distinctions.”

Photo courtesy of Library of Congress

This image from the Library of Congress Prints and Photographs Division shows a Labor Day parade proceeding down Main Street in Buffalo, New York, in 1900. The photo was published by Detroit Publishing Co. and donated to the Library of Congress in 1949 by the State Historical Society of Colorado. An account of this parade can be found on the Buffalo History Gazette website, citing a September 4, 1900, story in the Buffalo Evening News that reported it was the largest parade to ever walk Buffalo’s streets:

“Niagara Square with its many diverging thoroughfares is an ideal place for the formation of a big parade, and as the result of its selection as the starting point of today's big labor demonstration, the confusion usually a feature of such affairs was reduced to a minimum,” the paper said. Among the groups were 1,500 railroad employees. “With that addition, the total number of men in line was in the neighborhood of 20,000, and fine, stalwart, intelligent men most of them were — men who compose the bone and sinew of the city's great industrial army — men of whom Buffalo is deservedly proud.”