China to reduce military strength by 300,000
Beijing, Sep 3 (IBNS) President Xi Jinping of China announced on Thursday that he would cut down the size of the country's military personnel by 300,000, The New York Times said.
Jinping's announcement came during his speech at a programme marking 70 years since the end of World War II to present the People's Liberation Army as a force for peace and regional stability.
"I announce that China will reduce military personnel numbers by 300,000," he said.
The Chinese military now has more than 2 million personnel as measures are being taken for accelerated modernization of the armed forces, which would shift spending from the traditional land forces to more advanced sea and air forces.
But the President described the cut as a gesture of peace at a time when China's neighbors have grown increasingly worried about its territorial claims and military strength.
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