08.02.2013 Views

The PLA at Home and Abroad - Strategic Studies Institute - U.S. Army

The PLA at Home and Abroad - Strategic Studies Institute - U.S. Army

The PLA at Home and Abroad - Strategic Studies Institute - U.S. Army

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

75. Interview with Ye Guoji (叶国际), researcher in Ping’An<br />

Securities (平安证券) on November 3, 2009.<br />

76. In l<strong>at</strong>e 2008, China North Industries Optica-Electric purchased<br />

all military <strong>and</strong> dual-use production from Beijing China<br />

Optical Instruments Ltd. It l<strong>at</strong>er went on to raise over 800 million<br />

yuan to produce other products <strong>and</strong> has formed a joint venture<br />

with a German company. See www.cngc.com.cn/NewsDetail.<br />

aspx?id=11627. Ningbo Huaxiang Electronics Co Ltd purchased<br />

Liaoning Luping Machinary Plant, Military code 705 Plant) for<br />

660 million yuan to produce dual-use vehicles. See Zhou Yang (周<br />

扬), “少将解读民企参军五通道” (“Major General Deciphers Five<br />

P<strong>at</strong>hs for Priv<strong>at</strong>e Enterprise to ‘Particip<strong>at</strong>e in the <strong>Army</strong>’”), 21世纪<br />

经济报道” (21st Century Business Herald), August 7, 2007. <strong>The</strong>re is<br />

also the case of 10 different civilian enterprises in Zhejiang investing<br />

in Air-to-Air Missile Research <strong>Institute</strong> (under AVIC-I), <strong>and</strong><br />

a number of other defense institutes to produce BKZ-904 UAV<br />

electro-optical reconnaissance systems <strong>and</strong> other components.<br />

See Zhu Zongwen (朱宗文), “浙江制造业寻求转型之路81家民企涌<br />

入军工产业” (“Zhejiang Manufacturing transform<strong>at</strong>ion: 81 Civilian<br />

Enterprises Enter the Military Industry Sector”), 21世纪经济报<br />

道” (21st Century Economic Journal), November 25, 2008.<br />

77. Lan Xinzhen <strong>and</strong> Ding Wenlei, “China to Unleash Market<br />

Forces in Arms Sector,” Beijing Review, July 25, 2007.<br />

78. “Investment Opportunities in the Stock Market for China’s<br />

Defense Industry,” Shanghai Securities Research Center, 2006.<br />

79. Sha Zhinong (沙志龙), “破解军民融合发展的难题” (“Deciphering<br />

the Difficulties of CMI Development”), 国防科技工业<br />

(N<strong>at</strong>ional Defense S&T Industry), No. 2, 2009.<br />

80. Yu Xin (喻鑫) <strong>and</strong> Fan Ruipeng (樊瑞鹏), “我国军工上市公<br />

司存在的主要问题及对策” (“Problems <strong>and</strong> Measures for China’s<br />

Defense Industry Corpor<strong>at</strong>ions in the Stock Market”), 军事经济研<br />

究 (Military Economic Research), July 2009.<br />

81. “Investment Opportunities in the Stock Market for China’s<br />

Defense Industry,” Shanghai Securities Research Center, 2006.<br />

534

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!