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China's defense budget as percentage of GDP lower than other major countries: NPC spokesperson

CGTN

 , Updated 18:54, 04-Mar-2024
05:12

Compared with major military powers, such as the U.S., China's defense spending is quite low, whether as a percentage of GDP or total budget, or in terms of per citizen or per service member expenditure, Lou Qinjian, spokesperson for the second session of the 14th National People's Congress (NPC) said on Monday, while briefing the press on the session scheduled from March 5 to 11.

China has maintained a reasonable and steady increase in overall defense expenditure while promoting sustained and sound economic and social development in recent years, in order to safeguard national sovereignty, security and development interests, meet the needs of advancing military transformation with Chinese characteristics and better fulfill its international responsibilities as a major country, said Lou.

According to the National Defense Law, the Budget Law and other laws and regulations, the national defense budget, as part of the overall state budget, is included in the draft government budget, Lou said, adding it is to be reviewed and approved by the NPC, and is managed and utilized in accordance with the law.

The spokesperson also said the upcoming NPC session will review the report on the draft government budget, and then make it public.

(Cover: A formation of Chinese People's Armed Police Force takes part in a military parade celebrating the 70th anniversary of the founding of the People's Republic of China in Beijing, capital of China, October 1, 2019. /Xinhua)

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