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China’s Ordnance Industry Under Modernization

Abstract

China’s ordnance industry is undertaking industry-wide reform. The goal is to improve indigenous innovation capability so that the Chinese armed forces can obtain advanced weapon systems without reliance on foreign technology while at the same time making the industry responsible for its own financial performance. Restructuring has resulted in some gains, but indigenous innovation capability, as well as spin-on and spin-off, are still far in the future.

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