Off the wire
• Market expectations stable for RMB exchange rate: central bank official  • Aussie authorities find body of boy allegedly drowned by mother  • Interview: EU should deepen cyber security cooperation with China -- digital expert  • Venezuela to pay tribute to Hugo Chavez in ALBA summit  • Leipzig drop points at Augsburg in German Bundesliga  • Macao's gaming revenue rises 17.8 pct in February  • Collated results/standings of Algarve Cup  • Algarve Cup: China earn first point, Canada, Spain take 2nd straight wins  • 1st LD: 4 killed, thousands displaced as landslides, floods hit Indonesia's West Sumatra  • China's 1st cargo spacecraft to make three rendezvous with Tiangong-2  
You are here: 　 Home

URGENT: China to raise 2017 defense budget by around 7 pct: spokesperson

Xinhua, March 4, 2017 Adjust font size:

China will raise its defense budget by around 7 percent this year, a spokesperson for the annual session of the country's top legislature said Saturday, compared to last year's 7.6 percent.

At a press conference a day before the National People's Congress (NPC) convenes its yearly meeting, spokesperson Fu Ying said China's defense spending will remain around 1.3 percent of the country's GDP. Endit