China will spend £67bn on military
China's annual legislative session opens today amid a challenging leadership transition and a day after the country unveiled the latest in string of boosts to defence spending.
The National People's Congress comes as President Hu Jintao and the most senior Communist Party leaders prepare to step aside later this year to make way for a younger generation.
Against this backdrop, Premier Wen Jiabao is not expected to launch major initiatives when he opens the meeting, but to focus on piecemeal programmes to help private enterprises to get loans and raise workers' wages.
Yesterday, China announced that defence spending would grow by 11.2 per cent this year over 2011 to hit 670.2 billion yuan (£67.2bn) in 2012. AP
- 1 Heading for America? Prepare for the longest US immigration queues ever
- 2 Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
- 3 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 4 'Swivel-gate': David Cameron goes to war with the press over 'swivel-eyed loons' slur
- 5 It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
Excellent Package: Austen Lloyd: This is a senior appointment with huge potent...
£28000 - £31500 per annum + benefits: Randstad Education Newcastle: Permanent ...
£50000 - £58000 per annum + Benefits and Bonus: Progressive Recruitment: SAP F...
£30000 - £40000 per annum + BENS: Progressive Recruitment: Drupal Developer A ...