March 4, 2017

"China's defense budget has always made headlines during the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee. This year the defense budget will increase by about 7 percent, and the military spending will account about 1.3 percent of GDP, according to the NPC press release on Saturday.

The fact is, the moderate increase in China's defense spending is a necessity. The modernization of the military is in line with China's security needs and its responsibility as a major power to maintain global stability."

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http://www.chinadaily.com.cn/opinion/2017-03/04/content_28433161.htm

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