As part of a massive restructuring in 1998, CASC was split into a number of smaller state-owned companies. The intention appeared to have been to create a system similar to that characteristic of Western defense procurement in which entities which are government agencies, setting operational policy, would then contract out their operational requirements to entities which were government-owned, but not government-managed.
CNSA
As part of a massive restructuring in 1998, CASC was split into a number of smaller state-owned companies. The intention appeared to have been to create a system similar to that characteristic of Western defense procurement in which entities which are government agencies, setting operational policy, would then contract out their operational requirements to entities which were government-owned, but not government-managed.