China Focus: Private sector invited for military equipment development

Zebra

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China Focus: Private sector invited for military equipment development - China.org.cn

Xinhua, November 26, 2014

The monopoly of state-owned defense contractors is fading further into memory, as the People's Liberation Army (PLA) has opened its tender process to private sector players.

The PLA General Staff Headquarters in November released 108 defense items open for tender, encouraging private players to take part in product-related research, development and production.

The move has been lauded for ensuring the military will have its "cannons" while private contractors can reap "bread," according to Tuesday's PLA Daily.

It is also cost-efficient and will optimize the distribution of military resources, as private enterprises often boast advanced innovative approaches. Tapping into their expertise and facilitating civil-military integration will better serve PLA's needs, the newspaper said.....
 

sgarg

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Re: China Focus: Private sector invited for military equipment develop

Big news. Strange nobody noticed it. China is abandoning its socialist system which is a very big development for India.

Strong action is needed from Indian government and Indian society if security of India has to be ensured.

India also needs a big cleanup of entrenched vested interests.
 

no smoking

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Re: China Focus: Private sector invited for military equipment develop

Big news. Strange nobody noticed it. China is abandoning its socialist system which is a very big development for India.

Strong action is needed from Indian government and Indian society if security of India has to be ensured.

India also needs a big cleanup of entrenched vested interests.
The real idea of inviting private sector in is: to ease the transferring of military technology into civilian market. In another words: China wants to improve its profitability of these military industries.
 

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