From AFP:
China said Sunday it will begin reporting its armed forces budget to the United Nations and rejoin a global register of conventional arms amid foreign pressure for greater military transparency.
China said the moves were meant to show the world its commitment to military transparency, at a time when its massive armed forces expansion is causing alarm bells to ring in Asia and further afield.[Full text]
Also check out the report from VOA: China to Declare Defense Spending, Arms Sales to UN