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Investors home in on urban growth (3)

(China Daily)

09:11, February 04, 2013

Some US investors are also examining the possibility of setting up industrial parks that will focus on the low-altitude aerospace industry, Wu said.

"There is a strong interest in this sector," Wu said.

China announced in 2010 it will gradually open its airspace, below 4,000 meters, to civilian aircraft, and this will provide a lift for the helicopter and light aircraft industry.

"They plan to build industrial parks for this purpose around China, and they are researching where to locate them," Wu said.


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