As economic slowdown stifles China’s defence spending boom, the private sector is joining President Xi Jinping’s battle to transform a bloated, inefficient land army into a streamlined modern fighting force.
With the military seeking to get more for less, companies have for the past year been allowed to compete for selected military equipment tenders.
Dou Fengchun, who runs Taizhou Huairun Textiles, a textile plant in Jiangsu province, is among those to have entered the previously restricted sector.
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