Another report recently released and no doubt of interest to this blog's target audience is from RAND, who bring a can-do attitude and see "A New Direction for China’s Defense Industry (pdf)." (Hat Tip: Michael Turton).
A little older, but also of interest is a report by the Congressional Research Service's Ronald O'Rourke's "China Naval Modernization: Implication for U.S. Naval Capability (pdf)."
I hope to find time to read and comment on at least the first of these reports. Due to computer problems, I have not yet been able to do so.