China’s defence budget to grow 14.9 percent in 2009

March 4th, 2009 - 12:43 pm ICT by IANS  

Beijing, March 4 (Xinhua) China plans to increase its defence budget by 14.9 percent in 2009, a parliament spokesman said here Wednesday.
The planned defence budget is 480.686 billion yuan ($70 billion), Li Zhaoxing, spokesman for the annual session of the National People’s Congress (NPC), told a press conference.

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