Chinese company Space Transportation, which is producing the hypersonic planes, have released plans which show they are designed to fly at an astonishing 7,000 mph.
Being dubbed the "rocket with wings," it is reportedly set to begin test flights as soon as next year.
Speaking to Chinese media, a spokesperson for the company said: "We are developing a winged rocket for a high-speed, point-to-point transportation, which is lower in cost than rockets that carry satellites and faster than traditional aircraft."
A video released by the company shows the plane detaching from the wing powered by rockets after takeoff before continuing to its destination.
Meanwhile, the wing and boosters then land back on the launch pad. The plane will then land using three legs that unfold from the rear.
China has been reportedly invested large sums of money into hypersonic plane technology. Last year, US intelligence and military officials were allegedly left stunned after China launched a rocket in space carrying a hypersonic glide vehicle that circled the globe before speeding towards its target.
There are even plans to develop an aircraft that can transport ten people anywhere on Earth in one hour.
So whilst the flights might not be available just yet, they may not be too far away. In the future, nipping to New York from Australia in just one hour could be possible.