China's civil-military market is in the early stages of development, with potential opportunities for further progress. Currently, it only accounts for 30% of the military market, far below the advanced world level. In contrast, in the United States, approximately 80% of aerospace enterprises, 70% of atomic energy enterprises, 60% of shipbuilding businesses, 40% of electronic enterprises, 34% of mechanical and electrical equipment enterprises, 30% of machinery manufacturing enterprises, and 10% of steel and oil companies in the United States are engaged in military production, accounting for nearly half of all military spending. In fact, the annual amount of U.S. military spending is large enough to support over 250 billion dollars of the overall U.S. market.
Regarding the U.S. military-civilian integration industry development, assuming that China's military growth holds steady at 10% per year and the civil-military is expected to increase by 50%. By 2020, the market size of civil-military integration is projected to be more than 800 billion yuan, becoming China's one of the most profitable markets.
Aviation Expo/China, the only aviation exhibition to be held in Beijing since 1984, has been a part of the 32-year development of China's aviation industry. This biennial event is currently one of the most influential and prestigious in the industry.More