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Analysts warn that Asia may be sliding into an accelerating arms race as countries react to China's military growth.
Here is a list of defence systems several Asian countries are looking to acquire.
The country said on Sept. 16 it would build at least eight nuclear-powered submarines under an Indo-Pacific security partnership with the United States and Britain.
Australia will also enhance its long-range strike capability with Tomahawk cruise missiles deployed on naval destroyers and air-to-surface missiles for its F/A-18 Hornet and F-35A Lightning II jets that can hit targets at a range of 900 km (559 miles).
Long-Range Anti-Ship Missiles (LRASM) will be deployed on its F/A-18F Super Hornet jets, while precision strike guided missiles capable of destroying targets from over 400 km are planned for its land forces.
It will also collaborate with the United States to develop hypersonic missiles under the trilateral security deal, dubbed AUKUS.
Separately, the U.S. State Department approved in June the potential sale of 29 Boeing Co AH-64E Apache attack helicopters to Australia in a deal worth up to $3.5 billion.
It announced a plan on Friday to spend T$240 billion ($8.69 billion) over the next five years to upgrade its weapons capabilities - a programme that is likely to include long-range missiles and existing cruise missiles.
The programme will include a new missile, which Taiwanese media say could have a range of up to 1,200 km and is an upgraded version of the Hsiung Sheng cruise missile.
In 2020, the U.S. government approved the potential sales of 100 Boeing-made Harpoon Coastal Defense Systems, three weapons systems including missiles, sensors and artillery, and four sophisticated aerial drones to Taiwan. They are worth about $5 billion in total.
Last month, Washington approved the potential sale of 40 howitzer systems to Taiwan in a deal valued at up to $750 million.
It successfully tested a conventional submarine-launched ballistic missile (SLBM) on Sept. 15, becoming the first country without nuclear weapons to develop such a system.
The missile is believed to be a variant of the country's ground-based Hyunmoo-2B ballistic missile, with a flight range of about 500 km.
Last year, it developed the Hyunmoo-4 https://www.reuters.com/article/us-northkorea-missiles-southkorea-analys-idUSKBN2BM0G8 missile, which has an 800 km range and can mount a 2-ton payload.
South Korea unveiled other new missiles, including a supersonic cruise missile to be deployed soon
It has been also striving to develop solid-fuel rocket engines as part of a plan to launch a spy satellite by the late 2020s, and successfully carried out a test firing in July.