A recent announcement from the Ministry of Education website shows that in 2024, China's total investment in education reached 6,889.924 billion yuan, a 6.66% increase over the previous year. 

Among this, government-funded education expenditure totaled 5,416.105 billion yuan, up 7.38% year-on-year. The national general public budget for education was 4,149.509 billion yuan, a 1.67% increase. Within this, central government education funding accounted for 616.163 billion yuan, growing by 4.3%.(Photo/AI) 

In 2024, China's national GDP reached 134,806.6 billion yuan. Government-funded education expenditure accounted for 4.02% of the total GDP. 

#Chinayouth #ChinaEducation #EducationFunding #PublicSpending 

By Wang Xinyuan,Li Yuanyuan, Tang Song(intern), Fan Weichen/China Youth Daily