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        Good for defense and economy

        By Wang Baokun | China Daily | Updated: 2013-12-05 07:12

        The Decision on Major Issues Concerning Comprehensively Deepening Reforms, issued by the Third Plenum of the 18th Communist Party of China Central Committee, lays special emphasis on "boosting coordinated development of military and civilian industries".

        The document says China will strengthen the defense industry, perfect the collaborative innovative system of defense science and technologies, reform defense production management and armament procurement system, and encourage private enterprises to invest in scientific research, and production and repair sectors of the defense industry.

        This shows that coordinated development of the military and civilian industries has not only entered a new stage, but also has become an important part of China's economic development and national security strategies, as well as an essential means to achieving national prosperity.

        Good for defense and economy

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