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The JF-17 is specially designed to use chinese weapons on its weapon carriage, including The PL-5, a chinese short range air to air missile system, A GPS Guided glide bombs called LS6 'Thunderstone'and two more antishiping missiles named as YJ-12 supersonic and YJ-83 Subsonic are carried. 

Another radar guided missile is to be added in PAF JF-17 aircraft. PL-12 has the capacity with a range of fifty miles to maintain true beyond-visual range capability.

The JF-17 has the capacity to carry electro-optical/infrared sensors and self-defense jamers on external pods.

The price of JF-17 has been very low in its early fighter jet production was about $15-28 billions. but new price tendency of cutting age fourth and fifth generation Jets have become more expensive to $70-110 billions.

The Thunder needed more capacities of modern jets like aerial-refueling capability so the Block II introduced with this capacity.

The New Block III will be costed around $32 million each, it has an innovative feature of helmeted-display which allows more control on short range missile in close dogfight. now the Chinese engine WS-13 will not be used and Russian RD-3 engine will be used in these jets. The type's speed has been improved by using combining light weight composite materials.

I think the the most important upgrade is the radar to an Active Electronically Scanned Array (AESA) radar. with higher resolution, are more discrete and are more jam-resistant than preceding classes of radar. PAC is evaluating a KLJ-7A radar with a wider-angle search field and a detection range of 124 miles for fighter-sized target, and an air-cooled LKF-601E AESA radar.

the use of an internal infrared sensor and modernized flight control systems and a single-panel multi-functional display for the pilot will increase the fighting ability of The Block III Thunder.

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JF-17 Block III has helmeted-display, Russian RD-3 engine,  radar AESA, Infrared

JF17 Thunder Block 3 Multi-Role Aircraft v1.0

Latest Version of JF17 Thunder Block 3 Multi-Role Aircraft v1.0