China raises defence budget as Beijing accelerates military modernisation

BEIJING, March 5 — China announced a roughly 7% increase in defence spending for 2026 as the government continues efforts to modernise its armed forces by 2035.

The announcement was made during the opening session of the country’s annual parliamentary gathering at the Great Hall of the People in Beijing.Military modernisation driveThe spending increase reflects Beijing’s ongoing programme to strengthen military capabilities, including advanced technology development and expanded defence infrastructure.Officials say the investment is part of long-term plans to build a modernised military structure capable of meeting evolving security challenges.Strategic contextChina’s defence spending has steadily risen over the past decade as geopolitical tensions grow in several regions.The budget increase highlights Beijing’s focus on strengthening its armed forces while maintaining economic development and technological advancement.