China’s rising defense budget not a threat to neighbors

By Kris Crismundo/ PNA

DEFENSE BUDGET ANNOUNCEMENT. China’s National People’s Congress spokesperson Zhang Yesui (center) holds a pre-session press conference on March 4, 2019 at the Great Hall of the People in Beijing. (PNA photo by Kris Crismundo)

BEIJING — The National People’s Congress (NPC), China’s legislature and political advisory body, said Monday that its rising defense budget should not be treated as a military threat by other nations.

In a press conference before the opening of NPC’s annual session, NPC spokesperson Zhang Yesui said the hike in China’s defense spending aims to enhance its military capabilities for better safeguarding of its national security only.

“A proper increase in the defense budget is needed to safeguard national security,” Zhang said.

“I believe that when it comes to whether a country poses military threat to other countries, the key is that country’s foreign and defense policies, and not how much budget in defense increases,” he stressed.

China is expected to announce its official budget for 2019 in the coming days during the NPC’s session from March 5 to 15.

In 2018, China earmarked USD175 billion as defense budget. It also announced that it is increasing defense expenditure by 8.1 percent this year.

Zhang noted that the growth in defense budget was kept in single digit since 2016 compared to the double-digit hike in the past five years before the said year.

“Compared with other countries in 2018, China’s defense spending accounted for 1.3 percent of China’s GDP. During the same period, some major developed countries spent more than 2 percent of their GDP for defense,” he added.

“China remains committed as always to a path of peaceful development and we pursue a defensive national defense policy. China’s limited defense spending is for safeguarding the sovereignty, security and territorial integrity of the country. It is not a threat to other countries,” Zhang concluded.

Popular

Statement from Malacañang Press Corps on addressing PBBM health-related matters

Mariing pinapalagan ng Malacañang Press Corps (MPC) ang alegasyong kami ay nagpapagamit sa Malacañang o di kaya’y nabayaran para pagtakpan ang totoong estado ng...

DOE eyes ‘weekly’ Earth Hour to boost PH energy conservation efforts

By Brian Campued In a bid to promote a whole-of-nation approach to energy efficiency, the Department of Energy (DOE) is preparing to launch a weekly...

DILG’s ‘Safer Cities’ policy not anti-poor —Palace

By Brian Campued The “Safer Cities” initiative of the Department of the Interior and Local Government (DILG) is meant to instill discipline among the youth...

P10/L fuel subsidy for PUV drivers to begin April 14 —LTFRB

By Brian Campued Following President Ferdinand R. Marcos Jr.’s announcement of new initiatives to cushion the impact of surging fuel prices in the country, the...