8.1% hike proposed for defense
By Zhao Lei | China Daily | Updated: 2018-03-06 07:54
Military spending remains lower than in other nations as proportion of GDP
China will raise its defense budget by 8.1 percent in the 2018 fiscal year, more than last year's 7 percent, according to a budget report submitted to the top legislature on Monday.
The government proposed a defense budget of 1.11 trillion yuan ($175 billion) in the report, which was distributed to members of the media at the first session of the 13th National People's Congress.
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