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BEIJING, March 4 (Xinhuanet) -- China's defense budget for
2006 is expected to hit 283.8 billion yuan (about 35.1 billion U.S. dollars),
14.7 percent higher than last year, a spokesman with China's legislature said
here Saturday.
This year's defense budget accounts for 7.4 percent
of the budgeted fiscal expenditure, compared with 7.74 percent in 2003, 7.72
percent in 2004 and 7.34 percent in 2005, said Jiang Enzhu, spokesman for the
annual session of the National People's Congress(NPC), the country's top
legislature.
The State Council, or the cabinet, is to submit the
budget for approval at the annual session of the national legislature, which is
scheduled to open here on Sunday.
China's military expenditure increased moderately in
recent years along with the rapid economic development.
Jiang said the defense budget is increased this year
to raise the salaries of servicemen and to cover the costs of oil products for
military use which grow with the rise of international oil prices.
The extra money would also be spent to train talented
professionals for the military and improve military equipment for better
defensive and combating capacity, the spokesman said.
"As a peace-loving country, China always carries out
an independent foreign policy of peace and follows the road of peace and
development," Jiang stressed.
"China is not willing to nor has the capacity to seek
large-scale arms expansion," he said.
China's military spending still remains at a low
level compared with some other countries, such as the United States, Britain,
Japan and France, he added. Enditem |