Conversion in China

Chai Benliang

Chapter 21 in The Economics of International Security, 1994, pp 223-231 from Palgrave Macmillan

Abstract: Abstract The last decade has seen two major events in China’s political and economic affairs: the demobilization of 1 000 000 military personnel, and the conversion of surplus defence industrial capacity for peaceful uses. Since 1979, after the sharp reduction in military production due to the demobilization, the Chinese defence industries have begun on a large scale to convert surplus industrial capacity for civilian production. Because this process has been fraught with difficulties, the defence enterprises call the conversion ‘the reconstruction of the military industries’. After ten years of conversion, significant achievements have already been gained. Civilian products of all defence industries in China (PRC) accounted for two-thirds of the gross military and civilian output of all defence industries in 1991. The civilian products cover 43 categories and 10 000 kinds, ranging from consumer goods to means of production.

Keywords: Defence Industry; Military Technology; National Economic Development; Civilian Sector; Military Industry (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23695-4_21

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DOI: 10.1007/978-1-349-23695-4_21

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