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China finalizes designs of new weapons
Last Updated(Beijing Time):2007-01-08 14:28
A batch of advanced new weapons will be delivered to the armed forces on schedule, Zhang Yunchuan, Minister of the State Commission of Science, Technology and Industry for National Defense, told a work conference in Beijing on Monday.

Last year China completed a series of tests to finalize the designs of new weapons, he said.

Citing the example of the Jian-10 fighter plane, Zhang said China's national defense sector had made significant progress in technical innovation and weapon development in 2006.

Xiaolong fighters and advanced Lieying- and Shanying-series trainer aircraft come into use. Multi-model advanced missile systems were displayed at the 2006 Airshow China in Zhuhai, he noted.

"Last year, the national defense industry achieved its best-ever progress in both output and sales," Zhang said.

Official estimates for the full year of 2006 released at the meeting show growth of 17 percent over 2005 in the sector's aggregate industrial output, and a rise of 25 percent in total revenue.

China's national defense industry was expected to register an aggregate profit of more than 20 billion yuan in 2006, up at least 50 percent from a year ago. Military industrial enterprises are all in the black, Zhang said.

Source:Xinhuanet