China’s defence spending will grow by 7.2 per cent in 2023 to 1.55 trillion yuan (S$302 billion), a shade higher than the 7.1 per cent hike in 2022. Read more at straitstimes.com.
China’s defence spending will grow by 7.2 per cent in 2023 to 1.55 trillion yuan , a shade higher thanIn a work report released at the opening of the National People’s Congress , Premier Li Keqiang said the armed forces should work to “carry out military operations, boost combat preparedness, and enhance military capabilities so as to accomplish the tasks entrusted to them by the party and people”.
Mr Wang Chao, spokesman for this year’s NPC session, said on Saturday that the increase in defence spending is meant not just to deal with complex security challenges, but also to fulfil the responsibilities of a major country. He was speaking a day ahead of the opening of the NPC’s annual session in Beijing, held concurrently with the annual meeting of the Chinese People’s Political Consultative Conference, the top political advisory body.
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