The 2014 budget will reach an eye-popping 15.3 trillion yuan, or about $2.45 trillion - maybe not as exciting as President Obama's $3.9 trillion proposed budget, but not exactly chump change either.
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Where is it all going? You can spend the day poring through the numbers, as China Real Time did. Or the crack WSJ Art Department can put them in a format that makes sense to normal eyes. (It pays to have connections.)
A quick glance tells you a few important things about China's budget priorities:
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The military, already a beneficiary of Beijing's largesse, will get even more love this year.
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Social spending isn't far behind, in a nod to the rising expectations of China's increasingly wealthy and educated population.
Affordable housing and the environment - two stated priorities of the Chinese government - saw spending fall last year. Beijing appears to want to change that.
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