China working on VTOL

China on a quest to develop VTOL aircraft technology: Sina Military

A Russian Yak-141 VTOL fighter jet. 

China is working hard to develop a vertical take-off and landing (VTOL) aircraft for strategic and economic purposes, reports the Beijing-based Sina Military Network.

Citing the Kanwa Defense Review, a Canada-based Chinese-language military magazine, the report said China is believed to have been developing VTOL technology for more than a decade already but appears to be another 15-20 years away from a finished product.