USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Smaller boost in military spending seen

By Zhao Lei | China Daily | Updated: 2016-03-05 08:24

Figure expected to be the lowest since 2010, as nation tries to balance economic growth with defense outlays

The increase in China's military budget will be much lower than earlier speculations, which put the figure at more than 20 percent, said the spokeswoman for the annual session of the top legislature on Friday.

"This year we will continue to increase our military spending, but the rate of increase will be lower compared with those of the past several years," said Fu Ying at a news briefing.

Smaller boost in military spending seen

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US