China to cut 300,000 troops by 2017

China plans to cut 300,000 personnel from its armed forces by 2017. President Xi Jinping announced the downsizing at Thursday's parade. Taobao agent The Defense Ministry said later in the day that the reduction is part of China's ongoing military reforms, aiming to make the army more capable and efficient.
"This is a major political decision made by the Communist Party and the Chinese government.The announcement shows that China continues to uphold the banner of peace, development, and cooperation. China constantly sticks to a path of peaceful development and a defensive policy, and is a force to maintain regional peace and stability. The downsizing is aimed at optimising the military structure, making the armed forces more efficient. It will be carried out in old and outdated units, administrative departments and non-combat troops. It will be basically completed by 2017, China Ebay bringing the size down to 2 million military personnel," said Yang Yujun, spokesman of ministry of national defense.