The most interesting part is probably the stuff on military budget.
SPIEGEL: Many experts believe that the official budget figures are vastly understated. Do they include the costs of military research and of the People's Armed Police and the space program?
Chen: They do include the costs of research, but not for the People's Armed Police. Only the military portion of our space program is paid for under the defense budget.
Of course, the only other area quoted by DoD was military purchase from other countries. And in the recent years, that has been non-existent. So, what we can say is that the only thing the Chinese budget doesn't include is PAP and possibly part of the space program that would be considered military by Western countries, but not military by PLA. Even if we count these parts, can these numbers really be equal to the official budget or be twice as much as the official budget? I would say not. It made sense when China was importing a lot of weapons from the Russians to really inflate the official budget to get the real budget. Back in those days, the budget was much smaller and the purchases were actually much larger, so it shouldn't be surprising that the real budget was much larger than the official budget. However, why does DoD still continue to insist on the 2 to 3 times multiplier even now? It seems like they have not bothered to do further research into how the real budget is related to the official budget recently.
Other than that, we've got some new photos of 051C, 054A and LCAC from the recent times.
First, these are pictures of 051C.
More, with 054As
It's kind of interesting, the last 054A in HD and HP seem to be going final fitting before joining SSF. We've seen some pictures that indicate the next batch of 054A has started and is probably going to be slightly better than the first 4.
Only one photo of LCAC from the new Changxin shipyard and no sign of 052D at this point.
This is kind of interesting, they claim this to be a 091 under modification again. from the slopped sail, we can see that it's either a 091 or 092.
And finally, if you can read this, it's a nice description of the research China has made into pumpjet propulsion.