Its ability to defend itself and deter its foes is the single most important guarantee of international peace and security in the world.

CENTERFORSECURITYPOLICY: Ending Israel's losing streak

It is important in terms of providing stability and peace in the world.

CNN: Forced budget cuts a disaster for military

China has learned to play an important role as a reliable, constructive and responsible stakeholder in world peace and development.

CNN: Opinion: The end of revolution

It is also important for peace, stability, and prosperity in the Asia Pacific and the world.

WHITEHOUSE: President Obama's Bilateral Meeting with Premier Wen of China | The White House