haʊˈɛvɚ, ɐkˈoːɹdɪŋ tə ðə tˈuː θˈaʊzənd twˈɛnti ɹᵻpˈoːɹt pˈʌblɪʃt ɪn sɛptˈɛmbɚ, tʃˈaɪnə ɐnˈaʊnst ɐ sˈɪks.tˈuːpɚsˈɛnt ɪnflˈeɪʃənɐdʒˈʌstᵻd ˈænjuːəl mˈɪlətˌɛɹi bˈʌdʒɪt ˈɪŋkɹiːs ɪn ˈɜːli tˈuː θˈaʊzənd nˈaɪntiːn tə jˌuːˈɛs dˈɑːlɚ wˈʌnhˈʌndɹɪd sˈɛvənti fˈoːɹ bˈɪliən, ɐpɹˈɑːksɪmətli wˈʌn.θɹˈiː pɚsˈɛnt ʌv ɪts dʒˌiːdˌiːpˈiː.
However, according to the 2020 report published in September, China announced a 6.2-percent inflation-adjusted annual military budget increase in early 2019 to US$174 billion, approximately 1.3 percent of its GDP.