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Author: Subject: China’s CETC to set up CMI fund

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[*] posted on 18-7-2018 at 09:41 PM
China’s CETC to set up CMI fund

Jon Grevatt, Bangkok - IHS Jane's Defence Weekly

17 July 2018

The China Electronics Group Corporation (CETC) is to set up a fund to support civil-military integration (CMI) and the development of military science and technologies, the state-owned company has said.

In a statement, CETC said the fund was proposed in mid-July and is intended to support research and development in commercial and military electronics with an emphasis on CETC collaboration with private-sector companies.

CETC is currently considering the scope of the fund and will establish it soon in collaboration with China’s Ministry of Finance and the State Administration for Science, Technology and Industry for National Defence, an agency under the Ministry of Industry and Information Technology that is tasked with supporting defence industrial development.

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