China spends 4.25 trln yuan on education in 2017
Share - WeChat
BEIJING -- China spent 4.25 trillion yuan (around $614 billion) on education in 2017, a 9.45-percent increase from 2016, said an announcement Monday.
More than 3.42 trillion yuan of the input was fiscal expenditure, up 8.95 percent from the previous year, accounting for 4.14 percent of the country's GDP, making 2017 the sixth consecutive year that the number was over 4 percent, according to the announcement jointly issued by the Ministry of Education, National Bureau of Statistics and the Ministry of Finance.
Also, 20.33 trillion yuan of China's total public finance expenditure in 2017 was on education, accounting for 14.71 percent of the total.
- Expressway expands regional linkage
- Solar shelters shrubs to stunt Inner Mongolia's shifting sands
- Formalism eased for grassroots authorities
- Zoos keep animals warm to protect against winter chill
- Hangzhou passes first local law promoting health
- Work model pays farmers to plant trees for ecological restoration































