USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Military spending rise 'is moderate'

By Zhao Huanxin | China Daily | Updated: 2007-03-05 06:52

Military spending rise 'is moderate'

Jiang Enzhu

The country has no intention of engaging in an arms race, although its military spending inches up as a result of economic growth, a legislative official said yesterday.

The State Council, or Chinese Cabinet, has proposed that the country's 2007 defense budget be increased by 17.8 percent year-on-year. It will be deliberated and approved by the 10th National People's Congress (NPC), which opens its last session today, NPC spokesman Jiang Enzhu said.

During the session, the top legislature will also discuss and decide on drafts of the property law, the corporate income tax law, and other important issues, Jiang, also a secretary-general of the meeting, told a press conference in Beijing.

Military spending rise 'is moderate'

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US