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2009 China's National Defense Budget!
Mar 4, 2009 00:51
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Former Foreign Minister Li Zhaoxing told a Russian reporter that China' 2009 national defense budget was 480.686 billion RMB, an increase of 62.482 billion RMB compared with last year. The growth rate is 14.9 percent. And national defense budget only takes 6.3 percent of national financial expenditure budgets, lower than previous years. China just raises its national defense budget to improve their soldiers' living levels. Li Zhaoxing said this.

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