Market Performance of Chinese Listed Defense Companies - 0 views
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aarkstore2015 on 19 Sep 16China has made substantial progress in modernizing the defense industrial sector. The defense industry has formed a production of security and technical innovation system, especially in the aviation, astronautics, ship and nuclear industry etc. The defense spending was over RMB800 billion, increased around 10.1% in 2015. Chinas military budget will continue to grow this year, the defense spending was budget to more than RMB900 billion.