China to increase 2018 defense budget by 8.1 percent

Source: Xinhua| 2018-03-05 08:02:12|Editor: Zhou Xin
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BEIJING, March 5 (Xinhua) -- China will raise its defense budget by 8.1 percent in 2018, according to a budget report to be submitted to the national legislature Monday, up from last year's 7 percent.

The 2018 defense budget will be 1.11 trillion yuan (175 billion U.S. dollars), according to the report available to media before the first session of the 13th National People's Congress opens Monday morning.