Aerospace In China
China has created a 30 billion RMB fund to support large aircraft technology and manufacturing. As with automobiles, China is determined to manufacture their own aircraft.
The fund management company is located in Xian with registered capital of RMB 300 million. Like the automotive industry, the market will develop once China has the technology and capability to produce it own aircraft.
CVL has made a significant effort in this market sector. Interestingly the recession in the west over the last few years, has resulted in a number of companies requiring investment to continue to with their advanced development. As a consequence CVL has secured some marvelous opportunities with in the Aero Space industry.