China will award permits to competent private institutes and
enterprises to research and develop weaponry and equipment,
national defense authorities announced on Friday.
The historic move comes as the country opens its defense industry
to the public once a landmark weaponry production licensing statute
takes effect from June 15.
"We plan to examine around 300 institutes and companies, including
private entities, for permit issuance in the second half of this
year," Liu Dongkui, a division director of the Commission of
Science, Technology and Industry for National Defense, told
reporters in Beijing.
"A substantial breakthrough will be made in giving access of
national defense sector to non-public segments of the
economy."
Such privilege used to be a monopoly of state-owned entities within
the military industry, according to commission sources.
During the past six years, the commission has issued 540 permits to
core weaponry and equipment researchers and producers, Liu
said.
Under the new implementation methods, qualified institutes and
firms, public or private, may apply for permits to do research and
development on specific weaponry listed in a special catalogue, Liu
said.
(China Daily May 28, 2005)