The country plans to allocate 1.784665 trillion yuan (about 249 billion dollars) to defense spending this year, according to a budget project report presented to the National People's Congress, the Chinese legislative body, for further deliberation.
The National Committee of the Chinese People's Political Consultative Conference (CPPCC), the main political advisory body in China, started its annual session in Beijing. Xi Jinping and other leaders attended the opening of the third session of the 14th National Committee of the CPPCC, held at the Great Hall of the People. During the meeting, the agenda for the session was approved and various topics were reviewed, according to the Xinhua news agency.
Representing the Standing Committee of the National Committee of the CPPCC, Wang Huning, chairman of the CPPCC, presented a work report at the opening meeting of the session.
China has announced a 7.2 percent increase in its national defense budget for the year 2025, marking the tenth consecutive year of single-digit growth. During the third session of the 14th National People's Congress, President Xi Jinping, who is also General Secretary of the Central Committee of the Communist Party of China and Chairman of the Central Military Commission, participated in a meeting with deputies from the Jiangsu provincial delegation to discuss various legislative issues.
