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Hu Hails Historic Breakthroughs Of Defense Industry
Beijing, China (XNA) Sep 27, 2006 President Hu Jintao hailed the "historic breakthroughs" of China's defense industry during the Tenth Five-Year Plan period (2001-2005) and pledged to push forward the development of the industry. Hu, general secretary of the Communist Party of China (CPC) Central Committee, and chairman of the Central Military Commission (CMC), met with representatives attending the People's Liberation Army's working conference on military equipment on Tuesday. During the Tenth Five-Year Plan period, China entered a new stage in the modernization of its military equipment. It features a notable improvement in military equipment, the use of a large number of new equipment by the Army, and a remarkable increase in the Army's fighting abilities, Hu said. China has accumulated valuable experience and fostered a large number of talented people for manufacture of military equipment, Hu said. They have created sound conditions to further push the development of the country's military equipment manufacturing sector, he noted.
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European Governments Gear Up To Address Defence Technological And Industrial Base
Brussels, Beligium (SPX) Sep 21, 2006European Union governments today held their first comprehensive review of the future of Europe's Defence Technological and Industrial Base and agreed to work together to make it effective and globally competitive. The Steering Board of the European Defence Agency, meeting at the level of National Armaments Directors, heard that pressure on European defence budgets and the continuing fragmentation of both demand and supply sides of the European market meant that defence industries faced a challenging future. |
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