Defense budget lags by comparison to other big powers
Print Edition
China’sdefense input rate is lower than other major countries, Zhang Yesui said yesterday, stressing China’s development will pose no threat to any other country.
China’s defense budget takes up a smaller share of its gross domestic product and national fiscal expenditure compared with major world countries, said Zhang.
Its military spending per capita is also lower than other major countries, he said.
Alarge part of the growth of China’s defense budget is to make up for the low military spending in the past and is mainly used to upgrade equipment, and improve the welfare of servicemen and women and the living and training conditions of grassroots troops. China will adhere to the path of peaceful development, he said.
“With a defense policy that is defensive in nature, the development of China will pose no threat to any other country,” he said.
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