Large-scale combat readiness check kicks off in East SiberiaMilitary & Defense July 24, 11:47
Russia's new advanced corvette to take part in Sea Cup-2017Military & Defense July 24, 10:30
Russian first 3D printed satellite to go into spaceScience & Space July 24, 10:19
Kyrgyzstan was threatened with missiles for hosting US airbase, president saysWorld July 24, 9:56
IMF confirms recovery of Russia's economy in 2017Business & Economy July 24, 8:47
Russian Interior Ministry to control 13 more new psychotropics, drug-containing plantSociety & Culture July 24, 2:54
MAKS-2017 airshow yields contracts to over $6bln - Russian ministry of industry and tradeBusiness & Economy July 23, 23:48
Russian consumer rights watchdog chief names cities with highest HIV ratesSociety & Culture July 23, 21:41
Serbian filmmaker Kustirica says Crimea’s reunification with Russia is natural processSociety & Culture July 23, 21:40
BEIJING, March 5 (Itar-Tass) - - In 2013, China will spend on national defense 720.168 billion yuans (114.3 billion dollars), which is 10.7 percent more than in 2012, says a report of the Chinese Finance Ministry, presented at the 1st session of the All-China Assembly of People’s Representatives of the 12th convocation which opened here on Tuesday.
“These funds will be earmarked for improving conditions of work and life of army officers in the interests of ensuring defense security,” the report says.
As for 2012, according to the figures given in the report, China spent on strengthening national defense 650.603 billion yuans (103.2 billion dollars). The given figure will increase by 11.6 percent in comparison with 2011.