• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Almost half of the rural population lives on less than USD 2.80 a day
The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020
In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts
Information technology (ICT) reduced the digital divide in the country
Fishing sector rejects proposal to expand the Galapagos marine reserve
Municipality of Guayaquil announces that it will acquire the Russian vaccine Sputnik V, the Chinese Sinovac and the Oxford doses
Flights in Ecuador fail to recover the frequencies of before the pandemic
Achievements of digital transformation are exposed in “A Digitized Country, A Modern Country”
Yaku Pérez: ‘I am not a supporter of violence; I am adept of a resistance ‘
If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

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

The European Commission discusses fiscal imbalance of 14 member countries

SEARCH

LATEST NEWS

Almost half of the rural population lives on less than USD 2.80 a day

Posted On 04 Mar 2021

The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020

Posted On 04 Mar 2021

In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

Posted On 04 Mar 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net