• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Singue case, involving Jorge Glas, is reactivated from the previous investigation
Daniel Noboa is the first confirmed presidential candidate
The World Bank will provide USD 300 million to finance SMEs in Ecuador
Refugee children in Ecuador create comic about forced displacement
Countries to which Ecuadorians can travel without a visa
New air routes will arrive in Ecuador in June
Asian supermarkets participate in Macro Business Roundtable
Smithsonian Museum returns heritage assets to Ecuador
Buyers from 30 countries will be at the Macro Business Roundtable
National Court requests red notice from Interpol for María Duarte

China increases military spending

Posted On 05 Mar 2014
China increases military spending

China increases military spending

China has increased its military budget to 808.230 billion yuans (96,000 million euros), a 12.2% increase since 2013, according to the budget report released this Wednesday as part of the context of the annual opening of the National Popular Assembly (APN) – Chinese Parliament -, in Beijing.

The Government has not detailed if the announced increase is about the expenditure or budgetin 2013, when the rise of the budget was a 10.7% over the spending in 2012.
The renewed vigor given to the military personnel will serve, among others, to strengthen “defense of borders, coast and airspace” and “the development of new and high-tech weapons,” said the Prime Minister, Li Keqiang, in his speech on the work of the Government and the State of the nation, in the great Palace of the people, in Tiananmen Square. China goes through a moment of strong maritime territorial tensions with some of its neighbors, such as Japan and the Philippines.
The military budget of China is the second largest in the world – after the United States-three times that of India, and more than Japan, South Korea, Taiwan and Viet Nam together.
About the Author
  • google-share
Previous Story

People’s protests carry on in Venezuela

Next Story

“Apocalyptic” storm covered the sky of Sydney

SEARCH

LATEST NEWS

Singue case, involving Jorge Glas, is reactivated from the previous investigation

Posted On 02 Jun 2023

Daniel Noboa is the first confirmed presidential candidate

Posted On 02 Jun 2023

The World Bank will provide USD 300 million to finance SMEs in Ecuador

Posted On 02 Jun 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net