Tuesday, June 24, 2025
  • About us
    • Write for us
    • Disclaimer
    • Terms of use
    • Privacy Policy
  • RSS Feeds
  • Advertise with us
  • Contact us
DefenceTalk
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
DefenceTalk
No Result
View All Result
Home Defence & Military News Defense Geopolitics News

China Defense Budget to Increase 12.2 pct in 2014

by Xinhua
March 6, 2014
in Defense Geopolitics News
2 min read
0
China air force to show off new equipment on National Day
14
VIEWS

China plans to raise its defense budget by 12.2 percent to 808.2 billion yuan (about 132 billion U.S. dollars) in 2014, according to a draft budget report submitted to the national legislature for review on Wednesday.

In 2013, the country spent 720.197 billion yuan on national defense, a 10.7-percent increase from the previous year.

Double-digit growth in China’s defense budget in recent years has caused concerns from some western countries. But experts said China’s military expenditure is moderate and in line with the country’s economic and security conditions.

Chen Zhou, a researcher with the Academy of Military Sciences and a deputy to the National People’s Congress (NPC), said China’s current military spending is at a “reasonable and balanced” level.

“Compared with major powers in the world, China’s spending in national defense is considerably low either in terms of its share in the GDP or in per capita terms,” he said.

“In order to protect the country and safeguard regional peace and stability, China has to enhance its national defense,” he said.

Chen acknowledged that China is under increasing strategic pressure, as the Asia-Pacific region has become a global geo-political and economic center, with some major powers “speeding up strategic adjustments and strengthening military alliance.”

Highlighting rising maritime security risks, territorial and maritime disputes, as well as terrorist threats, Chen said “the comparatively low level of input into national defense, coupled with a high-risk security environment, dictates that we must raise our defense budget on a moderate scale.”

Chen’s words were echoed by Yin Zhuo, director of the Expert Consultation Committee of the People’s Liberation Army (PLA) Navy, who said China’s military spending is still far from the level it needs to be as the country faces increasingly severe security challenges.

Although the rise in the defense budget in the past three years has surpassed GDP growth, the share of military spending in China’s GDP stood at less than 1.5 percent last year, well below the world average of 3 percent, Yin said, citing statistics.

A report released by London’s International Institute for Strategic Studies showed the United States remained the world’s biggest defense spender in 2013, with a budget of 600.4 billion U.S. dollars in 2013.

Chen attributed the defense budget increase partly to the increasing international responsibilities China is facing.

China is the largest personnel contributor to UN peace-keeping missions among the five permanent members of the UN Security Council. It also regularly sends naval task forces to conduct escort missions in the Gulf of Aden and off the coast of Somalia.

“Overseas missions cost several times more than those within the country,” Chen said. “By moderately raising its defense budget and enhancing its military capabilities, China is also capable of making more contributions to world peace.”

Tags: budgetchinadefense budget
Previous Post

Russia Test-Fires ICBM to Target in Kazakhstan

Next Post

Summary of the DoD Fiscal 2015 Budget Proposal

Related Posts

Trump announces ‘full and immediate’ India-Pakistan ceasefire

Trump announces ‘full and immediate’ India-Pakistan ceasefire

May 10, 2025

US President Donald Trump on Saturday announced a ceasefire agreement between India and Pakistan after days of deadly jet fighter,...

Pakistan says Indian missiles strike air bases as conflict spirals

Pakistan says Indian missiles strike air bases as conflict spirals

May 10, 2025

Pakistan's military on Saturday said India launched another wave of missiles targeting three air bases -- including one on the...

Next Post
Defense Officials Testify on Cost-saving Measures

Summary of the DoD Fiscal 2015 Budget Proposal

Latest Defense News

Britain, Germany jointly developing missiles: ministers

Britain, Germany jointly developing missiles: ministers

May 17, 2025
Trump announces ‘full and immediate’ India-Pakistan ceasefire

Trump announces ‘full and immediate’ India-Pakistan ceasefire

May 10, 2025
Pakistan says Indian missiles strike air bases as conflict spirals

Pakistan says Indian missiles strike air bases as conflict spirals

May 10, 2025
J-10C fighter jet

Pakistan says India has brought neighbours ‘closer to major conflict’

May 9, 2025
North Korea fires multiple suspected cruise missiles

North Korea fires flurry of short-range ballistic missiles

May 9, 2025
China says ‘closely watching’ Ukraine situation after Russian attack

China vows to stand with Russia in face of ‘hegemonic bullying’

May 9, 2025

Defense Forum Discussions

  • Middle East Defence & Security
  • Royal Canadian Navy Discussions and updates
  • Russian Army/Ground Forces Discussion and Updates
  • Indonesia: 'green water navy'
  • KAI KF-21
  • The Russian-Ukrainian War Thread
  • Russian Air Force News & Discussion
  • NATO
  • Indonesian Aero News
  • Royal Australian Air Force [RAAF] News, Discussions and Updates
DefenceTalk

© 2003-2020 DefenceTalk.com

Navigate Site

  • Defence Forum
  • Military Photos
  • RSS Feeds
  • About us
  • Advertise with us
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports

© 2003-2020 DefenceTalk.com