(ANSA) – BEIJING, MARCH 05 – China’s military spending is set to increase by 7.1% in 2022, to 1,450 billion yuan (about 230 billion dollars), at a faster rate of 6.8% than last year, according to state budget figures released today ahead of the plenary of the National People’s Congress. Premier Li Keqiang said in his speech that China will improve its military training and combat readiness, “move faster to modernize the army’s logistics and resource management systems and build a modern weapons and equipment “. (HANDLE).
Source: Ansa
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