China to Raise Defense Budget by Around 10 Pct

China will raise its defense budget by around 10 percent this year, a spokeswoman for the annual session of the country's top legislature said on March 4.

Speaking to reporters at a press conference a day ahead of the Third Session of the 12th National People's Congress (NPC), Fu Ying said the exact figure will be published in a budget report on March 5.

China's defense budget rose by 12.2 percent last year.

Source: Xinhua