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China spends over 5.3 trillion yuan on education in 2020

Abstract : China spent more than 5.3 trillion yuan (around 817 billion U.S. dollars) on education in 2020, up approximately 5.65 percent from 2019, showed statistics released Tuesday by the Ministry of Education.

Pupils
having class at the Beilin Primary School built with supports from
Guangdong Province in the Rongshui Miao Autonomous County in south
China’s Guangxi Zhuang Autonomous Region, Nov. 20, 2020. (Xinhua/Huang
Xiaobang)

BEIJING,
April 27 (Xinhua) — China spent more than 5.3 trillion yuan (around
817 billion U.S. dollars) on education in 2020, up approximately 5.65
percent from 2019, showed statistics released Tuesday by the Ministry of
Education.

The
statistics indicated that about 4.3 trillion yuan, or over 80 percent
of the total spending, came from government budgetary spending.

Spendings
on pre-school education, compulsory education, senior high school
education and higher education had increased by 2.39 percent, 6.55
percent, 9.14 percent and 3.99 percent, respectively, in 2020, compared
with the expenditures in 2019.

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Source: China spends over 5.3 trillion yuan on education in 2020

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