Military enterprises refer to the enterprises and institutions under the Ministry of Electronics Industry, Aviation Industry General Corporation, Aerospace Industry General Corporation, Ordnance Industry General Corporation, nuclear Industry General Corporation, Shipbuilding Industry General Corporation, China Academy of Engineering Physics and national defense industry offices of all provinces, which undertake the tasks of military equipment and product development and production planning assigned by the State.

There are three core factors that affect the stage trend of the defense industry, including the diplomatic situation, military reform policy adjustment and the performance of military enterprises. In 2015, it is less likely that China's diplomatic environment will continue to deteriorate, and the military industry reform will gradually advance and enter the expected fulfillment stage, and the marginal utility of these two factors will be smaller than that of 2013-2014. In terms of military performance, the impact of the military transition and anti-corruption has gradually weakened, military orders will gradually recover, and military performance is relatively resilient. Overall, the long-term development prospects of the military industry can be expected.