https://www.sipri.org/media/press-release/2022/world-military-expenditure-passes-2-trillion-first-time

"....China, the world’s second largest spender, allocated an estimated $293 billion to its military in 2021, an increase of 4.7 per cent compared with 2020. China’s military spending has grown for 27 consecutive years. The 2021 Chinese budget was the first under the 14th Five-Year Plan, which runs until 2025. .." (Mao clone's note: China 2021 GDP = 114.367 trillion yuan; 2021 average xchange rate =US$1:6.4515 yuan⇒ China military spendings = 1.653% of GDP )