China hikes defence budget to USD 209 billion, 6.8 per cent increase
Beijing, Mar 5 (PTI) China on Friday increased its defence budget to USD 209 billion, a 6.8 per cent hike compared to the last year. The budget hike was announced by Chinese Premier Li Keqiang at the countrys Parliament, the National Peoples Congress (NPC).
Beijing, Mar 5 (PTI) China on Friday increased its defence budget to USD 209 billion, a 6.8 per cent hike compared to the last year. The budget hike was announced by Chinese Premier Li Keqiang at the country's Parliament, the National People's Congress (NPC).
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Defending the increase, Zhang Yesui, spokesperson for the NPC, told media here that China's efforts to strengthen the national defence do not target or threaten any country.
Whether a country poses a threat to others depends on what kind of defence policy it pursues, he said, adding that China is committed to the path of peaceful development and adheres to a defence policy that is defensive in nature.
The story has been taken from a news agency
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