|
Country Industry Forecast - Political and Policy Analysis for the Chinese Aerospace and Defense IndustryPublished by: Frost & Sullivan Published: May. 18, 2007 - 27 Pages Table of Contents
AbstractChina has the fastest growing aviation industry in the world and is expected to continue expanding, driven largely by its commitment to World Trade Organization (WTO) norms. China’s accession to the WTO has brought about major shifts in policy making and is pushing its aviation sector toward gradual liberalization and better trade with the United States and Europe. The changes in civil aviation policies have increased the number of private airlines and intensified competition and domestic air passenger traffic.The Chinese Government fervently supports the aerospace and defense industry by being actively involved in the demand and supply chains of aerospace and defense equipment. In fact, the defense industry is predominantly government-owned. Domestic defense needs have been fulfilled largely through imports from Russia, and to a lesser extent, Israel. Global competition in civil aviation has also necessitated the import of critical components from countries in which technologies are mature and cost effective. However, the Government is working on reducing the dependence on imports through privatization initiatives. The country is in the process of restructuring its defense industry and modernizing industrial facilities to develop advanced weapons. An important aspect of China’s overall modernization strategy is civil-military integration, since China believes that a key requirement for the construction of an advanced military base is the integration of civilian and military production. China’s defense exports have grown in the last five years and in the next 20 years, the country is expected to be one of the major defense exporters along with the United States and Russia. This Frost & Sullivan Country Industry Forecast service for the Chinese Aerospace and Defense industry uses a macroeconomic perspective to provide a focused analysis of the industry. This research service covers an array of issues pertinent to the aerospace and defense industry, ranging from political stances, trade policies, and industry regulations, along with their overall impact. Besides enabling decision makers to assess the impact of non-market forces, this analysis also helps in identifying new opportunities in the industry. In addition, it provides a strong base for preparing business contingency plans. Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||