(NSI News Source Info) February 9, 2009: People gather on a sidewalk in Xining on February 7, 2009 in northwest China's Qinghai province, watching from a big screen televised footage of the military parade along Beijing's Chang'An Avenue in 1999 celebrating the 50th anniversary of China's ruling communist party.
China will mark the 60th anniversary of communist rule this year with a frugal military parade as the global financial crisis takes its toll on the country's economy, state media reported on January 30.
China has promised this year's event will showcase new weapons and equipment that have not been shown to the public since 1999, when the last military march was held for the 50th anniversary, but concerns have arisen over the cost of hosting such a huge event as the country suffers the effects of a serious economic downturn.
China has promised this year's event will showcase new weapons and equipment that have not been shown to the public since 1999, when the last military march was held for the 50th anniversary, but concerns have arisen over the cost of hosting such a huge event as the country suffers the effects of a serious economic downturn.
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