BEIJING - China plans to increase its defense spending by 7.2% this year, continuing a trend of significant budget growth under President Xi Jinping's leadership, as revealed in official reports on Tuesday. The rise in military expenditure, which surpasses the country's economic growth forecast, underscores Beijing's firm stance on Taiwan. Premier Li Qiang's government work report, delivered at the opening of the National People's Congress, notably omitted the term "peaceful reunification" concerning Taiwan, reflecting a more assertive tone.
Observers like Li Mingjiang, a defense scholar, suggest that despite economic challenges, China prioritizes military investment, especially regarding Taiwan. The defense budget, which has more than doubled since Xi Jinping took office, consistently outpaces domestic economic growth targets. Concerns from neighboring countries and the United States regarding China's military intentions remain high.
James Char, a security expert, notes that while defense spending has exceeded GDP growth, it has remained a stable percentage of the overall GDP, not straining national finances significantly. However, the sustainability of this pattern depends on China's long-term economic performance. Modernizing the military by 2035 remains a key objective, with equipment procurement and resource management under scrutiny.
Recent reforms targeting procurement irregularities, including public reporting and personnel changes, demonstrate efforts to enhance transparency and efficiency. Notably, several high-ranking officials, including former defense ministers, have faced investigation, indicating a stringent approach to accountability.
China's updated language on Taiwan emphasizes determination towards reunification, removing the term "peaceful." This adjustment signifies a potentially more assertive approach, coinciding with increased military drills by Taiwan's armed forces. Experts like Wen-Ti Sung suggest Beijing aims to project strength while maintaining stability in relations with Taiwan's international allies.
In response to Taiwan's presidential election results, China has signaled heightened opposition to any moves towards independence, reflecting a firm stance compared to previous years.