Beijing,MAR 04:
China, the world’s second largest military spender after the US, defended its massive allocation on security on Monday and hinted at raising it further this year, saying the country did not pose any “threat” to others.
China last year increased its defence budget by 8.1 per cent, taking its declared defence spending to a whopping USD 175 billion which was over three times that of India’s. The details of the exact amount were expected to be announced by Chinese Premier Li Keqiang on Tuesday in his work report to the annual session of the National People’s Congress (NPC).
However, NPC spokesman Zhang Yesui in his preparatory media conference on Monday put up a staunch defence to China’s continued heavy spending on defence, saying it is still less compared to other “major developing countries” military expenditure.
“Whether a country is a military threat to others or not is not determined by its increase in defence expenditure, but by the foreign and national defence policies it adopts,” Zhang said. China’s defence spending remained single digit since 2016 though it had double digit growths in five years preceding to that, he said when asked about apprehensions on China’s defence spending.
Compared with other countries, China’s defence budget accounted 1.3 per cent of the GDP. Major developing countries spent two per cent GDP on their defence, Zhang said. “China remains committed as always to peaceful path of development and we pursue a defensive national defence policy. China’s limited defence spending is for safeguarding the sovereignty, security and territorial integrity of the country. It is not a threat to other countries,” he said.
The US Congress last year passed a whopping USD 717 billion annual defence spending bill for fiscal 2019. India’s defence budget this year was increased by 6.87 per cent to Rs 3.18 lakh crore against last year’s allocation of Rs 2.98 lakh crore, notwithstanding expectations of a major hike when China and Pakistan were bolstering their military capabilities.
