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China Focus: Private sector invited for military equipment development - China.org.cn
Xinhua, November 26, 2014
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.....