China's defense expenditure as a percentage of GDP lower than world average: spokesperson
People's Daily Online
(Xinhua) 13:28, March 04, 2025
BEIJING, March 4 (Xinhua) -- China's defense expenditure as a percentage of GDP is lower than the world average, a spokesperson said Tuesday.
Since 2016, China's annual defense spending has maintained single-digit growth for nine years in a row, said Lou Qinjian, spokesperson for the third session of the 14th National People's Congress, at a press conference.
China's defense expenditure as a share of GDP has been kept under 1.5 percent for many years, he added.
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