China To Allow Weapon Research And Manufacturing To Marketplace
China will open part of its weapons research and manufacturing to the marketplace to promote industry resource sharing and will include military technology transformation and industrialization according to a report by Beijing Times on Monday.
A document on transformation of Chinese weapons manufacturing issued by the state administration of Science, Technology for National Defense stated that, the authorities will encourage transfer of intellectual property rights related to the national defense industry and will also promote scientific innovations.
Authorities will also promote satellite resources and data sharing, enhance the core capabilities and advantages of the military industry, and participate actively in the strategic rising and hi-tech development sectors, according to the report.
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