From UPI:
HONG KONG, April 10 (UPI) -- China has created a new, powerful carrier rocket with military capabilities that can launch multiple satellites into space.
The rocket supports China's strategy of marketing satellites, communications technologies and launch services overseas, especially to oil-producing countries.
At the most recent Zhuhai Air Show, China introduced a high-capacity LM-5D carrier rocket with a diameter of 5 meters at the core section, bundled with one 2.25-meter-diameter booster and two 3.35-meter-diameter boosters.
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My Comment: They are certainly spending the money.