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.
The 18th Aviation Expo/China will be held from 18-20 September 2019 at the China National Convention Centre in Beijing. With the rich exhibition experience and resources accumulated, Aviation Expo/China will further contribute to China's comprehensive advantages in the aviation industry by providing an ideal platform for the release of new products, technologies, and ideas; for high-level dialogue among governmental parties and industry leaders; and for leading aviation and aerospace companies from around the world to come together under one roof.More