(ANSA) - BEIJING, MARCH 05 - China's military spending is set to increase in 2022 by 7.1%, to 1,450 billion diyuan (about 230 billion dollars), at a faster rate of 6.8% last year, according to the state budget data released today in view of the plenary of the National People's Congress.
Premier Li Keqiang said in his speech that China will improve its military training and combat readiness, "move faster to modernize the army's logistics and resource management systems and build a modern weapons and equipment management system." .
(HANDLE).
