China has unveiled a 7.2% increase in its national defense budget for 2025, marking a continued focus on military modernization and regional security. The planned expenditure of 1.784 trillion yuan (approximately $249 billion) was detailed in a draft budget report submitted to the National People's Congress, the country's top legislative body, for deliberation on Wednesday.
The increase aligns with recent trends in defense spending, reflecting efforts to 'safeguard national sovereignty and development interests' amid evolving geopolitical dynamics, according to a government spokesperson. Analysts note the budget underscores China's commitment to advancing technological innovation in defense systems, including naval, aerospace, and cyber capabilities.
While the move has drawn international attention, particularly from neighboring regions, officials emphasize the allocation remains proportionate to China's economic growth and 'peaceful development' objectives. Business professionals are monitoring potential opportunities in defense-related industries, while researchers highlight implications for Asia's strategic balance.
The budget will be finalized following legislative review, with allocations expected to prioritize hybrid warfare readiness and infrastructure upgrades along coastal regions.
Reference(s):
cgtn.com