Helicopter firm set up in Jingdezhen

( China Daily )

Updated: 2012-09-21

A State-owned helicopter investment firm has been registered in Jiangxi province, in a bid to grab a share of the country's growing civil helicopter market.

The State-owned Assets Supervision and Administration Commission of Jiangxi said Wednesday that the company has been set up with 50 million yuan ($7.9 million) in capital.

Its inauguration in the city of Jingdezhen is pending.