China has announced a significant 7.2% increase in its national defense budget for 2025. The planned expenditure will reach 1.784665 trillion yuan (approximately $249 billion), according to a draft budget report submitted to the national legislature for deliberation on Wednesday.
The increase reflects China’s continued commitment to modernizing its military forces and enhancing its defense capabilities. The additional funds are expected to support advancements in technology, personnel training, and the development of new defense systems.
As one of the world’s largest economies, China allocates a substantial portion of its budget to defense, aiming to safeguard its national sovereignty and maintain regional stability. The 7.2% rise follows previous years of steady increases in defense spending.
This announcement comes amid evolving global security challenges and underscores the importance China places on strengthening its national defense. The proposed budget will be reviewed and deliberated by the national legislature before being finalized.
The increase in defense spending may have implications for regional dynamics, as neighboring countries and global powers monitor China’s military developments. It highlights the ongoing shifts in geopolitical landscapes and the role of the Chinese mainland in international affairs.
Reference(s):
cgtn.com