【Blockbuster Exclusive!】 China's defense spending increased by 7 percent for the first time in nine years2%] In 2024, China's defense spending will reach 16,655400 million yuan, an increase of 7 over last year2%, which is a single-digit increase for the ninth consecutive year. At the time of the data disclosure, industry experts have made in-depth interpretations of China's national defense policy.
According to public data, from 2017 to 2023, China's defense budget will increase in order1% and 72%。It is worth mentioning that the defense budget increased by 7 in 20166%, ending the previous double-digit growth trend in the past five years.
Spokesman Lou Qinjian said that in recent years, while promoting economic and social development, China has always maintained a reasonable and steady increase in defense spending, so as to meet the needs of military reform and fulfilling international responsibilities and obligations.
Zhang Junshe, a military expert, pointed out that China's national defense expenditure adheres to the coordinated development of national defense construction and economic construction, and rationally determines the scale of expenditure. He believes that China's defense spending has remained moderate and reasonable for many years, and is in harmony with national defense needs and the level of national economic development.
The analysis shows that from 2016 to 2023, China's defense spending growth has maintained single-digit growth for nine consecutive years. Zhang Junshe said that this shows China's restrained attitude towards the increase in military spending, does not engage in an arms race with other countries, and shows that China adheres to a defensive national defense policy and an active defensive military strategy.
In contrast, the defense budgets of the United States, Japan, India and other countries have maintained double-digit growth rates, showing the side of reckless militarism. Of particular interest is the fact that Japan and the U.S. will each hit record highs in fiscal 2024, growing by 165% and 40% of total global military spending.
Lou Qinjian said at the press conference that compared with the United States and other military powers, China's defense spending has always been low. The anonymous military expert stressed that China's defense spending and the need to deal with security threats are still insufficient, and called for an increase in defense spending to close the gap with its main strategic rivals.
The necessity and space for military spending to increase have become the focus of discussion. According to the analysis, China is in the midst of major changes in the world unseen in a century, and the international security situation is severe and complex, so it should appropriately increase defense spending to meet the needs of complex security challenges. This decision is not only a defense of national interests, but also a positive contribution to the maintenance of world peace.
Zhang Junshe warned that the world is facing turbulent changes and intensifying geopolitical conflicts, and China must build a strong military to safeguard national sovereignty, security and development interests. He pointed out that the modernization of China's armed forces is of great importance to maintaining world peace and stability.
Regarding the so-called "** military spending" of China by the outside world, experts unanimously said that this is groundless hype. Since 2008, China has submitted transparent military spending to the United Nations every year, and has maintained a high degree of transparency by publishing national defense *** from time to time. [END].