China to Increase Military Budget by 7.1% to $229.5Bln in 2022 - Draft Budget
BEIJING (Pakistan Point News / Sputnik - 05th March, 2022) China is going to increase its military budget by 7.1 percent to $229.5 billion in 2022, the draft budget published on Saturday said.
"The main expenditures budgeted at the central level include the following: .
.. 1.45045 trillion Yuan ($229.5 billion) on national defense, up 7.1%," the draft budget said.
Another government report said that the country would boost military education and combat training in 2022.