President Xi Jinping highlighted the importance of high-quality economic growth and poverty reduction while talking with lawmakers in Beijing.
The actual number for defense spending should be released on Monday, when China's largely rubber-stamp parliament begins its annual session, though a year ago it was initially not announced, prompting concerns about transparency.
The move was a major break from the precedent set in the decades since the death of Mao Zedong, the communist revolutionary who ruled China for more than 30 years until his death in 1976.
These remarks come after Trump on Thursday announced that his administration will impose 25% on steel imports and 10% on aluminium products and described trade wars as "good". Following the comment, White House denied issuing any statement on President's remark.
The proposal to remove term limits for president from China's constitution has prompted concern a slide toward one-man rule will erode efforts to make economic regulation more stable and predictable. Xi is nearing the end of his first term as president.
In Australia and the United States, law enforcement officials have warned about Chinese government attempts to influence national politics and public opinion, as well as monitor the activities and speech of Chinese students studying overseas. "It is increasingly clear that China and Russian Federation want to shape a world consistent with their authoritarian model - gaining veto authority over other nations' economic, diplomatic, and security decisions".
There are 21 items to either be introduced or amended in the constitution, including the removal of set term limits for China's President and Vice President, a move that might extend the presidential tenure of the current General Secretary of the Communist Party of China (CPC), Xi Jinping, indefinitely.
The U.S. president's tenure is limited to two full terms under the 22nd Amendment, which received the requisite support from two-thirds of Congress and three-fourths of the states in 1951.
In a speech at the opening of a largely ceremonial political advisory conference, Yu said the advisory body has "meticulously" worked to enhance patriotism among young people in Hong Kong and Macau as well as those farther overseas with invitations to visit China and outbound delegations. Abolishing term limits would plant "the seed once again of chaos in China, causing untold damage". "Here we are, like the dummies of the world, because we had bad politicians running our country for a long time", he said - later calling the Iraq War "the single worst decision ever made" akin to "throwing a big fat brick into a hornet's nest".