China to raise defence spending by 7.5%, lower than 2018

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China announced Tuesday a 7.5 percent increase in military spending in 2019, lower than last year as the country faces an economic slowdown.

Beijing has strived to provide its two million-strong People's Liberation Army with state-of-the-art hardware, spending heavily on stealth warplanes, aircraft carriers and other weaponry.The government will spend 1.19 trillion yuan on defence in 2019, after it increased its outlay by 8.1 percent to 1.11 trillion yuan in 2018, according to a government report presented at the start of the annual meeting of the National People's Congress.

Chinese President Xi Jinping, who has vowed to turn the PLA into a"world class" military by mid-century, has repeatedly called on the army to be combat-ready.The spending plan comes as Beijing steps up its rhetoric against any independence movements in self-ruled Taiwan and continues to assert its vast territorial claims in the disputed South China Sea.But NPC spokesman Zhang Yesui said China's military spending"doesn't pose a threat to other countries.

China has built a second aircraft carrier - its first domestically manufactured one - and has put it through sea trials in recent months as it prepares to put it into operation.

 

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