The restructuring of military industries, including aviation, aerospace, ship-building, weaponry manufacturing and nuclear sectors, aims at breaking up monopolies, fostering a firm market mechanism, helping enterprises build operational systems suitable for the socialist market economy, and improve efficiency, the "China Daily" newspaper said.

Thursday's shake-up of China's nuclear industry is the third and the deepest-ever reform in its history, the paper said.

President of the newly-established China National Nuclear Corporation (CNNC) Li Dingfan has vowed to develop a high-tech nuclear force for China and develop nuclear products for both military and civilian use. CNNC, officially established by splitting the former China National Nuclear Corporation into two, willconcentrate on its core business like nuclear power and nuclear fuel, Li said.