This book provides an up-to-date insight to the many innovations of the indigenous aerospace industry from a socio-economic perspective, a final frontier of Chinese technology that will shape global competitive dynamics in the 21st century. An industry that relies on human capital to engage in concept-intensive high tech production, this book discusses the future prospect of the Chinese system within the increasing power of global firms over high tech labour. The author also introduces a systematic discussion of industrial democracy in the high tech sector within Chinese state capitalism, and compares and contrasts the Chinese model with Anglo-American and Latin European models within the aerospace industry.