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在线翻译:
szdaily -> Special Report -> 
China announces 7.6% defense budget rise
    2016-03-07  08:53    Shenzhen Daily

    CHINA on Saturday announced the country’s lowest defense budget increase in six years in the wake of rising economic headwinds and last year’s massive drawdown of service people.

    According to a budget report to the national legislature annual session, the government plans to raise the 2016 defense budget by 7.6 percent to 954 billion yuan (US$146 billion). The increase last year was 10.1 percent.

    The fresh raise will make the world’s second-largest economy the second-largest defense spender, both next to the United States which, in the exact words of U.S. President Barack Obama, spends more on military “than the next eight nations combined.”

    Obama proposed a US$534 billion defense budget package for the 2016 fiscal year, about 3.6 times China’s budget this year. This year’s new increase will do little to close that gap.

    China’s military expenditure had seen a five-year run of double-digit increases between 2011 and 2015. The country saw the defense budget growing by 7.5 percent in 2010.

    Friday’s report did not offer a further breakdown of the figure nor explain the rationale behind the abated growth, although some officials and military experts have pointed to slowing growth in the world’s second-largest economy.

    Maj. Gen. Chen Zhou linked the forecast-beating slowdown with China’s “economic and social status quo” in an interview with Xinhua.

    “A single-digit rise following years of double-digit growth is a prudent, moderate move,” said Chen, also an NPC deputy, adding that there are no “hidden” expenses in the country’s military spending.

    Faced with increasing economic headwinds with uncertainty clouding global recovery, China saw its economy expand 6.9 percent year on year in 2015, the slowest in a quarter of a century, weighed down by a property market downturn, falling trade and weak factory activity.

    The government put this year’s growth target between 6.5 and 7 percent, compared with last year’s “approximately 7 percent” goal.

    The cut of 300,000 service people announced by President Xi Jinping in September might also have helped drive down the defense budget growth figure.

    The PLA inaugurated a General Command for the army, the PLA Rocket Force and the PLA Strategic Support Force in December. In February, it replaced seven military area commands with five PLA theater commands.(Xinhua)

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