China has announced a 7.2% increase in defense spending for the year, reflecting a continued trend of bolstering military capabilities under President Xi Jinping’s leadership. The surge in spending coincides with a shift in rhetoric towards Taiwan, signaling Beijing’s firm stance on the island’s status.
Under President Xi Jinping’s tenure, China’s defense budget has more than doubled, reaching 1.67 trillion yuan ($230.60 billion) in 2024. The steady increase in military expenditure reflects China’s commitment to modernizing its armed forces and enhancing its strategic capabilities.
Heightened Tensions Over Taiwan:
The omission of “peaceful reunification” from the government’s work report underscores Beijing’s hardened stance on Taiwan. Tensions have escalated in recent years over the island’s sovereignty, with China asserting its claim while Taiwan maintains its democratic governance.
Analysts suggest that despite economic challenges, Beijing prioritizes bolstering its military capabilities, especially concerning Taiwan. If necessary, the increase in defense spending aims to ensure China’s readiness to defend its territorial claims and project power in the region.
Military Modernization Drive:
President Xi Jinping’s goal of achieving full military modernization by 2035 is a driving force behind the surge in defense expenditure. Investments in new equipment and technology are expected to dominate the budget allocation, furthering China’s military modernization agenda.
China’s increased defense spending and assertive stance towards Taiwan raise concerns among neighboring countries and the United States. The strategic intentions of Beijing’s military buildup are closely monitored, reflecting broader geopolitical tensions in the Asia-Pacific region.
Evolving Rhetoric in Taiwan:
Removing “peaceful” from the government’s language on reunification with Taiwan signifies a more assertive posture. Analysts view this shift as a possible indication of Beijing’s willingness to take a firmer stance on Taiwan’s status, prompting reactions from Taiwan’s defense establishment and international partners.
Recent statements from Chinese officials indicate a tougher approach towards Taiwan, with pledges to “resolutely combat” any moves towards independence. This rhetoric underscores Beijing’s determination to thwart separatist efforts and maintain stability in cross-strait relations.