Govt spending on education above 4 pct of GDP for 7 consecutive years
Xinhua | Updated: 2019-10-17 16:43
BEIJING - China's government budgetary spending on education remained above 4 percent of gross domestic product (GDP) in 2018, the seventh consecutive year, according to the Ministry of Education.
Totaling nearly 3.7 trillion yuan (about 520 billion US dollars), China's government budgetary spending on education last year registered an increase of 8.15 percent year-on-year and accounted for 4.11 percent of GDP.
The ministry unveiled the figures in a statement Wednesday, citing a statistical report on the implementation of the 2018 national budget on education jointly issued by the ministry, the National Bureau of Statistics and the Ministry of Finance.
In 2018, the average education spending allocated through the government's general budget for a student in kindergarten registered an increase of 10.36 percent year-on-year.
In comparison, the same rates for a student in primary school, junior middle school, high school, secondary vocational school, and higher education institutions were 3.82 percent, 4.79 percent, 8.64 percent, 7.90 percent and 3.61 percent respectively.