You are here
China says 2015 defence budget to rise about 10% this year
[BEIJING] China's defence budget this year will rise about 10 per cent compared with 2014, the spokesman for the country's parliament said on Wednesday.
Spokesman Fu Ying told a news conference that the actual figure would be released on Thursday, when the annual session of China's largely rubber-stamp parliament opens.
Last year, defence spending rose 12.2 per cent to US$130 billion, second only to the United States.