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China's spending on education hits 5t yuan in 2020
Updated: November 30, 2021 16:18 Xinhua

BEIJING — China's spending on education totaled 5.3 trillion yuan ($831.3 billion ) in 2020, up 5.69 percent from the previous year, the Ministry of Education said on Nov 30.

Fiscal spending on the sector grew 7.15 percent year-on-year to around 4.3 trillion yuan in 2020, said the ministry, noting that the amount was 4.22 percent of China's GDP in the year.

With the figure, China's fiscal spending on education had accounted for no less than 4 percent of GDP for nine consecutive years.

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