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China is offering 6 billion yuan ($870 million) investment for research on equipment and weapons to the private Chinese firms and institutes for boosting military-civilian integration and upgrade military technologies.

The Central Military Commission's equipment development department issued a guideline on its website saying that 2,000 projects will be funded under the plan this year. In February this year, the department released a document on boosting military-civilian integration in weapons development which introduces a set of measures to liberalize and regulate the weapons sector, including slashing restrictions on the types of arms that private firms are allowed to develop and piloting commercial services for military procurement in the aerospace industry.


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