Firms see boom in defense deals

Need for assets likely to create big growth potential for investors

The next five to 10 years will turn out to be golden age in the annals of the Chinese defense-related industry as more financial and technical resources will flow from the civilian side, market insiders said.

The defense-related industry needs many assets, technologies and human resources. Some of them entail high business risk and require a long-gestation period. This would create big growth potential for investors, said Liu Na, co-founder of Beijing Dalin Investment Management, a defense-focused institute, at a forum in Beijing.