It's no surprise that Tuesday's announcement of a 7.2 percent increase in Chinese military spending has once again dominated global headlines. Many Western media outlets have chosen to focus on this growth, often sensationalizing the "China threat" or potential regional conflicts.
2024-03-06 17:23:17
Every year during the two sessions, two key figures attract significant external attention: the GDP growth target and the national defense budget. China's national defense budget this year is approximately 1.67 trillion yuan ($234.5 billion), with a growth rate of 7.2 percent, maintaining the same pace as the previous year. This marks the ninth consecutive year of single-digit growth in China's defense budget. As soon as this data is released each year, there is a round of hype about the "China military threat theory." This year, Japan took the lead in fueling this speculation.
2024-03-07 10:20:34
China on Tuesday announced a defense budget draft for 2024 worth 1.66554 trillion yuan ($231.36 billion), an increase of 7.2 percent from the previous year.
2024-03-07 00:01:15
The annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee held in March every year remain a captivating event for China's friends and foes alike. They provide the international community with an insight into China's statecraft and hence its governance trajectory.
2024-03-05 15:35:19
Thousands of Chinese lawmakers and policy advisors are gathering in Beijing for the annual two sessions. The event not only offers an important opportunity for the world to understand China's whole-process people's democracy, but also a window to observe the country's development and understand its policy direction for the following year, experts pointed out.
2024-03-05 00:55:05
As China's annual "two sessions" draw global attention to its economic targets and policy announcements, the nation's democratic processes during this major political event warrant deeper examination.
2024-03-04 20:23:52
China's National People's Congress will be held soon. Let’s look at the key announcements to watch for, including the government's 2024 growth target, fiscal stance for 2024, property sector policy and government’s plan to stimulate consumption.
2024-03-03 19:35:12
As provincial-level governments across China unveil their gross domestic product (GDP) targets for 2024 at local "two sessions" meetings, the confidence in the steady growth of the Chinese economy is evident.
2024-03-03 19:50:29
