China's defence spending to rise by 7.2% in 2025: official document

BSS
Published On: 05 Mar 2025, 08:28

BEIJING, March 5, 2025 (BSS/AFP) - China's defence spending will rise by 7.2 percent in 2025, the same as last year, according to an official document seen by AFP on Wednesday.

The increase comes as Beijing's armed forces undergo rapid modernisation and eye deepening strategic competition with the United States.

China has the world's second-largest military budget, but lags well behind the United States, its primary strategic rival.

Beijing will spend 1.78 trillion yuan ($245.7 billion) on defence this year -- still less than a third of Washington's budget, according to a government report.

China's military budget has increased for decades in line with its economic development.

 

  • Latest
  • Most Viewed
Himalayan snow at 23-year low, threatening 2 billion people: report
Davos meet founder Klaus Schwab steps down from WEF board
World leaders react to the death of Pope Francis
Asian scam centre crime gangs expanding worldwide: UN
Court freezes 5 bank accounts of ex-NSI DG, wife
Chelsea manager Maresca gets one-match touchline ban
African leaders praise Pope Francis's 'legacy of compassion'
Spain declares three days of mourning for Pope Francis
King Charles says 'deeply saddened' by death of Pope Francis
Zelensky says grieving for Pope Francis who 'prayed for peace in Ukraine'
১০