Wang Chao said defence budget rises as a proportion of GDP had been moderate and below global averages. Last year’s 1.45tn yuan (£190bn) budget was a rise of 7.1% and followed a rise of 6.8% in 2021 and 6.6% in 2020. Wang did not say by how much the budget would increase, but said it was “appropriate and reasonable” and was needed for China to meet complex security challenges and to “fulfil its responsibilities as a major country”.
søndag 5. mars 2023
China says military budget to increase again by ‘appropriate’ level
China’s military budget is set to increase again, the spokesperson for its rubber-stamping parliament has said, before a week-long political meeting expected to make big changes to China’s system of governance and increase measures to combat international sanctions. The spokesperson for the National People’s Congress, China’s legislative body, addressed the media on the eve of its annual meeting to outline the week’s agenda, including changes to the constitution and the legal sector, and endorsing new appointments to senior roles.
Wang Chao said defence budget rises as a proportion of GDP had been moderate and below global averages. Last year’s 1.45tn yuan (£190bn) budget was a rise of 7.1% and followed a rise of 6.8% in 2021 and 6.6% in 2020. Wang did not say by how much the budget would increase, but said it was “appropriate and reasonable” and was needed for China to meet complex security challenges and to “fulfil its responsibilities as a major country”.
Wang Chao said defence budget rises as a proportion of GDP had been moderate and below global averages. Last year’s 1.45tn yuan (£190bn) budget was a rise of 7.1% and followed a rise of 6.8% in 2021 and 6.6% in 2020. Wang did not say by how much the budget would increase, but said it was “appropriate and reasonable” and was needed for China to meet complex security challenges and to “fulfil its responsibilities as a major country”.