China defence spending to rise 12.2%

Spending increase marks another double-digit increase in the rising giant's military budget.

China will increase its defence budget by 12.2 per cent for 2014, the finance ministry says, marking another double-digit increase in the rising giant's military budget.

"The appropriation for national defence is 808.23 billion yuan ($A147.11bn), up 12.2 per cent," it said in a budget report on Wednesday prepared for the annual session of the rubber-stamp National People's Congress.

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