Chinese President Xi Jinping has decided to adopt new guidelines to govern and strengthen its military procurement process. The country has already increased its defense budget for 2022. The new regulations will ensure the development of the quality and efficiency of China’s military procurement process. Hong Kong Post quoting Chinese news agency Xinhua reported that there will be new content and supervision set up to handle the management of equipment purchases.
China has traditionally kept secret how much it spends on its military as it continually tries to increase its military might globally by increasing defense spending. According to the Hong Kong Post.
China’s defense spending in 2022 stands at 1,450.45 billion yuan
China has also been in conflict with the United States in the disputed South China Sea, using its military might to its advantage. The country’s defense spending in 2022 is 1,450.45 billion yuan, or $229.39 billion. China increased its spending by 6.8% to 1.355 billion yuan ($209.4 billion) last year. He approved a 6.6% increase in the defense budget two years ago, which was a drop due to the COVID-19 pandemic. The budget increased by 7.5% in 2019 and 8.1% in 2018, respectively, over the previous two years.
China is upgrading its military facilities on its western borders of Tibet and Xinjiang
China is also upgrading its military facilities on its western borders of Tibet and Xinjiang in response to internal and external security threats, as there are reports of new airports being built or upgraded in surrounding areas. The People’s Liberation Army (PLA) is boosting its air capabilities by building rail and road infrastructure to facilitate logistics and troop movement, according to Tibet Press. China, which claims complete sovereignty over Taiwan, has threatened that any attempt at independence would mean war with the country.