Military Modernization Push: China Raises Defense Budget, Pressures Neighbours Including India
China Defense Budget: China has increased its defense budget to $275 billion. This is the fourth consecutive year of increased defense spending, accelerating military modernization. Amidst economic challenges, China has lowered its GDP growth target this year.
China has increased its national defense budget to $275 billion. This is $25 billion more than the previous year, indicating how fast China is modernizing its military. This amount has been announced by Premier Li Keqiang in his report to the National People’s Congress (NPC).
According to the report, China's defense spending is still considered relatively limited by several key parameters. Key indicators include the defense budget's share of GDP, defense expenditure per capita, and defense expenditure per soldier, which make China's military spending appear relatively low compared to other major countries.
This is the fourth successive year that China has increased its defense budget. The defense budget for 2025 has been increased by 7.2 percent to $249 billion, $17 billion more than the previous year. The defense budget in 2024 has been increased by 7.2 percent, reaching $232 billion or 1.67 trillion yuan, more than three times that of India’s defense budget.