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China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security

  • China's defense spending will increase by 7.2% this year, proposing a national defense budget of 1.78 trillion yuan for 2025, according to a government report released this week.
  • The 7.2% increase matches last year's figure and exceeds China's economic growth target of roughly 5%, reflecting ambitions for military modernization amid geopolitical challenges.
  • Lou Qinjian stated, 'Peace needs to be safeguarded with strength,' highlighting the importance of military funding amid geopolitical challenges.
  • Despite recent corruption scandals within the military, China remains the world's second-largest military spender, with the United States proposing a military budget of $850 billion for 2025.
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Taipei Times broke the news in Taipei, Taiwan on Tuesday, March 4, 2025.
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