China is increasing its defense budget to meet complex security challenges and fulfill the country’s obligations, Wang Chao, a spokesman for the first session of the 14th National People’s Congress, said on Saturday.

The increase in defense spending is driven both by the need to respond to complex security challenges and the need to fulfill the obligations of a large country.

https://i0.wp.com/www.economist.com/sites/default/files/20160716_scsoilgas2.png?w=696&ssl=1

Wang told reporters, that the scale of the military spending was also determined by the basic needs of defense construction and the level of development of the national economy.

At the same time, Wang refused to specify how much China would increase its defense spending in 2023, though adding that all the details would be set in the country’s draft budget expected to be published on Sunday.

The spokesman noted that the share of China’s defense budget as s percentage of the country’s GDP had remained largely stable and below global average figures for many years.

https://i0.wp.com/www.eurasiareview.com/wp-content/uploads/2023/03/c-12.png?fit=800%2C450&ssl=1

The modernization of China’s armed forces would not pose a threat to any country but on the contrary, it will become a positive force for maintaining stability and peace in the region and around the world.

China steadily increases its defense budget every year, although Beijing adheres to the defensive nature of its military doctrine and does not participate in wars or military conflicts.

In 2022, China planned to raise its military budget by 7.1% year-on-year to 1.45 trillion yuan ($209.9 billion).

Sputnik / ABC Flash Point China News 2023.

4.5 2 votes
Article Rating
Previous articleWorld Bank estimates Earthquakes caused $5.1bn in damage in Syria
Next articleNATO assault on Crimea will spark attacks on Eastern Europe
Subscribe
Notify of
guest

3 Comments
Inline Feedbacks
View all comments
Kidnapped by System
Kidnapped by System
Member
04-03-23 12:52

Since the Second World War, US has been the instigator of proliferation of weapons of all kinds and the arms race. Now the whole world is overflowing with weapons, including those of mass destruction. US also has been the biggest exporter of weapons. Soviet Union was forced to constantly catch up in response, and spend a large part of its resources on that. So was China. Both Russia and China are being forced to continue to respond to the insanely high military budgets of US and NATO and their aggressive policies and actions, which are aimed at continuation of dominance… Read more »

Previous Test
Previous Test
Member
04-03-23 12:56

They need to move on because the Americans are coming and bringing their NATO friends to the South China Sea.

Dik Leeuwd
Dik Leeuwd
Member
04-03-23 12:58

The Zionist Askhenazi’s (who call themselves Jews but are not) are forcing the whole world to boost their weapons… So they can earn more with their weapon factories…