Jane Chen / Shanghai Daily news

With the summer vacation drawing near, air ticket agencies in Shanghai are engaging in price competitions to attract passengers during the busy air travel season, today's Laodong Daily said.
Students and business people are the targets.
The cheapest ticket for a flight to Chengdu, capital of central China's Sichuan Province, is being slashed by 80 percent to 375 yuan (US$45), nearly 100 yuan lower than the 467 yuan railway price.  Besides, the short travel time (2.5 hours compared to 36 hours by train) makes air travel obviously more attractive. 
Beijing, a hot tourist resort in summer, is another focus of this price competition, the same report said, citing air ticket agencies.
Discounts on the Beijing-Shanghai route have been increased to 50 percent from the 20 percent of earlier this month, and more price cuts are expected in July and August.