HEADLINE China's defense input rate lower than other major countries

HEADLINE

China's defense input rate lower than other major countries

Xinhua

11:48, March 04, 2018

China's defense input rate is lower than other major countries, a spokesperson for the annual session of the country's national legislature said Sunday, stressing China's development will pose no threat to any other country.

China's defense budget takes up a smaller share of its gross domestic product (GDP) and national fiscal expenditure compared with major world countries, said Zhang Yesui, spokesperson for the first annual session of the 13th National People's Congress.

Its military spending per capita is also lower than other major countries, he said.

A large part of the growth of China's defense budget is to make up for the low military spending in the past and is mainly used to upgrade equipment, and improve the welfare of servicemen and women and the living and training conditions of grassroots troops.

China will adhere to the path of peaceful development, he said.

"With a defense policy that is defensive in nature, the development of China will pose no threat to any other country," he said. 

129822368_15201368551661n.jpg

(Photo: Xinhua)

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue