China will increase its military budget to 1.35 trillion yuan (about $207.8 billion) in 2021, which is 6.8 percent higher than 2020, Chinese state-run media reported on March 6. One expert told The Epoch Times that the Chinese Communist Party (CCP)’s top priority is to strengthen its military.
During the ruling party’s most important annual meeting, known as the “two sessions,” on March 5, Premier Li Keqiang said, “[We should] comprehensively strengthen the military exercises and fully prepare for war.”