China Minsheng's big push into air

China Minsheng Investment Group, the country's largest private investment conglomerate, is investing aggressively in China's burgeoning general aviation sector.

"General aviation is the only sector in China that has not yet totally opened, with about one trillion yuan ($151 billion) market value", said Wang Rong, president of CM International Financial Leasing Co Ltd (CMIFL), the financial leasing arm of China Minsheng.

Wang said that general aviation is one of CMIFL's four key business sections, and the helicopter market is the highlight of the section.