Defence budget increased by 14.7%

Baibar of Jalat

Junior Member
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Defense budget for 2006 rises 14.7% to $35.1b
(chinadaily.com.cn)
Updated: 2006-03-04 12:51


China's defense budget for this year is expected to be 283.8 billion yuan (about US$35.1 billion), an increase of 14.7%, an official said at a press conference in Beijing on Saturday, March 4.

This is the budget for 2006, to be submitted by the State Council to the upcoming National People's Congress for deliberation and approval, said Jiang Enzhu, spokesman for the Fourth Sessiono of the 10th NPC at the press conference.


Jiang Enzhu, spokesman for the upcoming NPC session, speaks at a news conference inside the Great Hall of the People in Beijing March 4, 2006. The National People's Congress will start its session on Sunday and conclude it on March 14. [Reuters]

He said the budget will be used in the following four fields: wages and welfare benefits for the military personnel; extra spending on fuel due to international oil price hikes; personnel training; and appropriate spending on military equipment and the military combating capacity.

Jiang said the proposed budget is a 14.7% increase over that of last year. He further explained that the proportion of defense spending in the national fiscal expenditure is roughly at the same level of the previous years. In 2003, the proportion was 7.74%, in 2004, it was 7.72% and in 2005, it was 7.34%.

Despite of this reasonable increase, China's military spending is still very low, as compared with other countries in the world.

In 2005, China's defense spending was US$30.2 billion or 1.36% of its GDP. But in the United States, its military spending was US$401.7 billion or 3.6% of its GDP; in Britain, US$48.8 billion or 2.59% of its GDP; in Japan, US$45.3 billion; and in France, US$36.5 billion or 1.98% of its GDP.

Jiang said China is peace-loving country and is taking a road of peaceful development. China has no intention or capacity to pursue a high-speed development of its military equipment.

Hi, as my title says Chinese defence budget has increased

Thats all just wanted highlight the increase for people who do not know, but its gonna agitate some of chinas neighbours, like it does every year.

P.s To mods sorry if its repost please delete if it is, thanks
 

crazyinsane105

Junior Member
VIP Professional
Guys, is it just me, or is it a coincidence that China told the world they would increase the defense budget AFTER Musharraf's visit to China and AFTER Bush's visit to the Indian subcontinent? I think something fishy is going on here.
 

Troika

Junior Member
The budget is announced about the same time every year.

And honestly, what sort of fish can there possibly be? 'Warn' India? Threaten India? China knows that does not work, that is why there had been much talk of co-operation and border detente, even after last year when Indo-American relationship looks getting closer.
 

Roger604

Senior Member
I agree with Troika, in my humble opinion China has no intention of doing any saber-rattling with India (unlike the rivalry posters have on here :p ).

I think India wants geopolitical security, but not to the point where it antagonizes China. The US wants India to antagonize China, but I don't think India is going along so docilely.

China's theater of concern is not the south west! Not even by far!

It's Taiwan....... :(
 

Baibar of Jalat

Junior Member
Origionally by Crazyinsane105
Guys, is it just me, or is it a coincidence that China told the world they would increase the defense budget AFTER Musharraf's visit to China and AFTER Bush's visit to the Indian subcontinent? I think something fishy is going on here.

Edit not sure what u meant but since the new nuclear deal has been signed i think they would at least concerned.

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Deleted member 675

Guest
crazy, could you merge this with the other thread? We've got two threads on the same subject running against each other.
 

swimmerXC

Unregistered
VIP Professional
Registered Member
FuManChu said:
crazy, could you merge this with the other thread? We've got two threads on the same subject running against each other.

No the other thread is for news only... if you find an interesting article then you can start a thread on it; but other wise only use the other thread for news, no disscussion
thanks
 

August Comrade

Just Hatched
Registered Member
It's great that the PLA are increasing it's fund substantialy, only if that increase is to raise salaries. It's clear that the standard of living for military personale could increase from this - they more then deserve it. I just hope that the government pays just as much attention to it's rural population as it does military. :) :china:
 
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