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The message before the People’s Congress of China: We must invest more in defense

The message before the People’s Congress of China: We must invest more in defense

Last year, China’s defense budget increased by 7.1 percent. The average for the past 30 years is in increases of 6.6 percent.

It is not yet known exactly how much of the elevator in the budget that will now be compiled, but Wang describes the need for additional financing as important.

– He said the increase in defense spending is necessary to deal with complex security challenges and for China to be able to fulfill its responsibilities as a major country, according to Bloomberg News.

The largest fleet in the world

According to the World Bank, China spent 1.7 percent of the country’s GDP on defense in 2021, which is comparable to 3.5 percent in the United States, according to the Associated Press.

With two million soldiers in the People’s Liberation Army, China already has the world’s largest standing army and the world’s largest navy, with nuclear-powered submarines. A third Chinese aircraft carrier has been launched recently, and on top of that comes a huge stockpile of robots, fighter jets, and bombers capable of handling nuclear weapons.

The country is also investing in naval bases abroad and already has one completed in Djibouti and another under construction in Cambodia, where it can quickly venture out into disputed maritime areas in the South China Sea, Associated Press reports.

The Chinese People’s Congress runs until March 13.

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