Guideline to keep military spending on target

Central military authorities pledged on Sunday to improve the efficiency of military spending so that "every cent can be spent on the knife blade".

A pilot project has been initiated in the People's Liberation Army headquarters and military commands under which five categories of expenses, including the purchase of military training equipment and the financial management of military hospitals, will be appraised and monitored, according to guidelines released by the PLA General Logistics Department.

The project, approved by the Central Military Commission, is aimed at putting military funds to best use, the guidelines said.