The first China Private Jet Industry Development Summit was held on September 10 in Beijing. A number of government officials, researchers and industry insiders attended the summit and discussed opportunities and challenges facing the emerging industry.

"There are currently only around 100 privately owned jets in China, but the number is about to surge because of a significant wealth boom of successful entrepreneurs," said Sun Xiaohua, Vice Chairman of the All-China Federation of Industry and Commerce.

"Stimulating the fledgling industry still requires stiff efforts to improve airport infrastructure, technologies and talent trainings," he said.

"We will also spare no effort to tap into the private jet market of China, and hope to cooperate with Chinese companies to propel the infant industry," said Jean-Michel Jacob, Vice President of International Sales at Dassault Aviation, a French airplane manufacturer.