China to Improve Market Entry Mechanism for Military Products

  • Our Bureau
  • 03:14 PM, May 16, 2018
  • 2260
China to Improve Market Entry Mechanism for Military Products
Chinese defense equipment at a trade show (Image: Wall Street Journal)

China’s state run Science, Technology and Industry for National Defense (SASTIND) has resolved with the defense sector to improve the market entry mechanism for military products.

SASTIND will actively build an exchange platform as well as pilot projects to improve the efficiency of private companies undertaking military product manufacturing, said Long Hongshan, chief engineer with SASTIND, People's Daily reported on Monday.

At present, private enterprises account for more than two-thirds of the companies that have licenses for scientific research and production of weapons and equipment, and some are playing an increasingly important role in state-of-the-art technologies like micro and small-scale unmanned systems, said the report. 

In addition, more than 2,000 aviation technologies have been developed in the national economy, it said. 

However, China's military-civilian integration has not yet reached a profound level, and it still encounters structural and policy problems, Long said. Currently, ideas and policies haven't kept up with the integration process, and resource sharing has not reached a desirable level. 

The central government's steering role should be brought into full play in boosting military-civilian integration. 

Also Read

China’s First Domestically-built Aircraft Carrier Begins Sea Trials

May 14, 2018 @ 12:18 PM

China's Su-35 Jets Participate in Bashi Channel Patrol to Deter 'Taiwan Independence'

May 11, 2018 @ 01:42 PM

Russia Completes Delivery of First Set of S-400 Missile Defense Systems to...

May 10, 2018 @ 01:02 PM

China May Have Developed Long Range Bomber

May 10, 2018 @ 11:18 AM

China Deploys J-20 Stealth Fighter Jet for Combat Training

May 10, 2018 @ 10:31 AM
FEATURES/INTERVIEWS