China to lower defense budget growth to 7.5 percent
chinadaily.com.cn |
Updated: 2019-03-05 08:25
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China plans to increase its defense budget by 7.5 percent in the fiscal year of 2019, slightly lower than last year's 8.1 percent
The government proposed a defense budget of 1.19 trillion yuan ($177.6 billion), according to the draft fiscal plan released on Tuesday. The plan will be reviewed by legislators at the second session of the 13th NPC.
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