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Shandong raises 39.8 billion yuan in provincial education development funds this year

2022/1/28 16:38:38

According to the Department of Finance of Shandong Province, in order to better serve the high-quality development of education, in 2022, Shandong has raised provincial education development funds of 39.8 billion yuan, an increase of 10% year-on-year with the same caliber, to support the development of education as a priority with more powerful and practical measures.

Shandong Province has always prioritized education as a focus of financial guarantee. In 2021, the province’s education expenditure reached 241 billion yuan, accounting for 20.6% of the total fiscal expenditure, the largest share among all categories of fiscal expenditure. Shandong’s share of education expenditure in its fiscal expenditure has remained above 20% for 10 consecutive years and remained the first place in China.

In 2022, on the basis of increasing investment, Shandong will focus on key areas and weak links in the cause of education, and make more efforts in the three aspects: the inclusive development of basic education, the high-quality development of higher education and the integrated development of vocational education.

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