The Chinese Government is going to invest 377.7 million yuan ($51 million) in transforming military technologies for civilian use in 2008, 20 percent more than this year's budget.
The Commission of Science, Technology and Industry for National Defense, organizer of technological development and production of national defense contractors in China, said that the funds will be channeled into 17 projects, covering alternative energy, electric equipment, information technology, heavy equipment, and energy-efficient and environment-friendly equipment.