Global Times reports: Zhang Xiaogang, spokesperson for the delegation of the People's Liberation Army and the People's Armed Police Force at the fourth session of the 14th National People's Congress. The budget is then submitted to the National People's Congress for review and approval, after which the funds are managed and used in accordance with the law. The total defense budget is also made public.Consolidating national defense and building a strong military constitute a strategic underpinning for advancing Chinese modernization, Zhang said.Taking into account the overall needs of national security and development, the 2026 defense budget aims to ensure that the modernization of national defense and that the military proceeds in step with the country's broader modernization process.
The figure stayed at 7.2 percent for 2023, 2024 and 2025, according to the Xinhua News Agency. The military will advance reforms in budget management, maintain a dynamic balance between the supply and demand of defense funding, strengthen whole-process oversight and performance evaluation of military spending, and ensure every penny is spent where it is needed most, Zhang said.Global Times
Key facts
- Zhang Xiaogang, spokesperson for the delegation of the People's Liberation Army and the People's Armed Police Force at the fourth session of the 14th National People's Congress.
- The budget is then submitted to the National People's Congress for review and approval, after which the funds are managed and used in accordance with the law.
- The figure stayed at 7.2 percent for 2023, 2024 and 2025, according to the Xinhua News Agency.
Originally reported by Global Times. This story has been edited and re-presented by BRIC Team.
