China's national defense spending growth will slow to 7 percent in 2026.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China's national defense spending will increase by 7 percent in 2026, according to the report on the implementation of the central and local budgets for 2025 and the draft central and local budgets for 2026, submitted to the fourth session of the 14th National People's Congress (NPC) on Thursday.

This will be the 11th consecutive year that China's defense budget growth rate has remained in the single digits. In 2023, 2024, and 2025, this figure remained at 7.2 percent.

According to the document, approximately 1.9 trillion yuan (about 275 billion US dollars) will be allocated for the country's national defense this year.

China's national defense spending remains relatively modest by key relative measures, including its share of gross domestic product (GDP), defense spending per capita, and defense spending per military personnel. -0-

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China will promote green transformation and work to reduce carbon emissions

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will accelerate its comprehensive green transformation and set a target of reducing its GDP carbon intensity by a total of 17 percent during the 15th Five-Year Plan period (2026-2030), according to a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

According to the report, by 2026, China will strengthen comprehensive measures to improve the environment, vigorously develop a green and low-carbon economy, and actively and systematically promote the achievement of peak carbon emissions and carbon neutrality. -0-

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The draft of the main provisions of the 15th Five-Year Program was submitted for consideration to the 4th session of the 14th National People's Congress.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — The draft outline of the 15th Five-Year Plan for National Economic and Social Development (2026-2030) was submitted to the fourth session of the 14th National People's Congress (NPC), which opened Thursday at the Great Hall of the People in Beijing. -0-

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China will resolutely oppose hegemonism and power politics

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will resolutely oppose hegemonism and power politics and uphold equality and justice in international relations, according to a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

China will firmly adhere to an independent and self-sufficient peaceful foreign policy, unwaveringly follow the path of peaceful development, and expand its global partnership network, the report said.

China is ready to work with the international community to advocate for an equal and orderly multipolar world, as well as for accessible and inclusive economic globalization, and to advance the implementation of the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative, and the Global Governance Initiative, the report notes.

According to the report, the country will also actively participate in the reform and development of the global governance system, promoting the development of the international order in a more just and rational direction.

“We will thus make joint efforts to build a community of shared future for humanity and create a beautiful future of peace and development throughout the world,” the report said. -0-

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China to Unleash Effective Investment Potential in 2026

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will unleash its potential for effective investment in 2026, according to a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

This year, the central budget will allocate 755 billion yuan (approximately 109.26 billion US dollars) in investments. It is planned to issue 800 billion yuan in ultra-long-term special government bonds to support the implementation of key national strategies and enhance security capabilities in key areas.

China will also introduce new 800 billion yuan of directed financing instruments to attract more public capital to participate in investment projects, the report said. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

China will strengthen its capacity to prevent and address risks in key areas.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will strengthen its risk prevention and mitigation capabilities in key areas by 2026, according to a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

According to the report, China will focus on stabilizing the real estate market, actively and systematically addressing risks associated with local government debt obligations, and actively and reliably addressing risks in the financial sector. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Belarus's gold and foreign exchange reserves rose to $16.4 billion in March 2026, according to the National Bank.

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Source: People's Republic of China – State Council News

Minsk, March 5 (Xinhua) — Belarus's gold and foreign exchange reserves rose to $16.4 billion in March 2026, up $665.4 million from February. The National Bank of Belarus' press service published the corresponding information on Wednesday.

Foreign currency assets and monetary gold account for the largest share of Belarus's international reserve assets. According to the country's National Bank, the volume of foreign currency in reserves as of March 1 amounted to over $5.9 billion, an increase of $275.8 million from February. Meanwhile, the volume of monetary gold amounted to over $9 billion, an increase of $406.7 million from February.

According to the monetary policy targets, the volume of Belarus's international reserve assets by the end of 2026 should be at least USD 9.2 billion. –0–

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China will continue to implement a more active fiscal policy in 2026.

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will continue to implement a more proactive fiscal policy in 2026 and plans to widen its overall budget deficit by 230 billion yuan (approximately 33.29 billion U.S. dollars) compared to last year, according to a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

According to the report, China plans to maintain a budget deficit of around 4 percent of GDP in 2026, bringing the total deficit to 5.89 trillion yuan. General public budget expenditure will reach 30 trillion yuan for the first time, an increase of approximately 1.27 trillion yuan from 2025. -0-

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China will develop emerging industries and industries of the future

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Source: People's Republic of China – State Council News

Beijing, March 5 (Xinhua) — China will cultivate and strengthen emerging industries and future industries, according to a government work report submitted Thursday to the fourth session of the 14th National People's Congress.

According to the report, by 2026, the country will develop new core industries such as integrated circuits, aviation, astronautics, biomedicine and biopharmaceuticals, and low-altitude economics.

China will cultivate and develop future industries such as future energy sources, quantum technologies, embodied artificial intelligence, brain-machine interface, and sixth-generation mobile communication technologies, the report says. -0-

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China will strengthen original innovation and mastery of major key technologies in 2026

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Source: People's Republic of China – State Council News

BEIJING, March 5 (Xinhua) — China will strengthen original innovation and the development of key core technologies to more actively promote a high level of scientific and technological self-sufficiency. This was stated in a government work report submitted to the fourth session of the 14th National People's Congress on Thursday.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.