Jetpack company takes off with 200 orders

Shenzhen, the innovative city in southern China's Guangdong province, has received results from its enormous investment in some of the most cutting-edge technologies in the world.

KuangChi Science Ltd, an innovative high-tech startup in the city, has received 200 orders for its Martin Jetpack, the world's first practical and commercial jetpack, at the price of 2 million yuan ($308,640) each.

"Our buyers are from all over the world," said Zhang Yangyang, CEO of the company. "For example, a rescue team in Dubai ordered about 30 units because the jetpack is easier to operate than helicopters in a city full of skyscrapers."