Minister of Finance: In the past five years, the total investment in education in the country has reached nearly 17 trillion yuan. Where is the money used?

On December 23, Minister of Finance Xiao Jie was entrusted by the State Council to report to the National People's Congress Standing Committee on the allocation and use of funds for national financial education.

In the past five years, the total investment in education in the country has reached nearly 17 trillion yuan;

In the past five years, the national education funding has grown at an average annual rate of 7.9%;

In 2016, more than half of China's fiscal education funds were used for compulsory education, more than half were used in the central and western regions and tilted to rural areas, and more than half were used for teacher wages and welfare and student funding.

On December 23, the 31st meeting of the Standing Committee of the 12th National People's Congress held its second plenary meeting in the Great Hall of the People this morning. Chairman Zhang Dejiang attended. A total of 149 members of the Standing Committee attended the meeting and the number of attendees met the quorum.

Entrusted by the State Council, the Minister of Finance Xiao Jie submitted a report to the Standing Committee of the National People's Congress on the allocation and use of funds for the state's financial education, and submitted it to the General Assembly for deliberation.

The report said that the next step will be to conscientiously implement the decision-making arrangements of the Party Central Committee and the State Council and the requirements of the National People's Congress, adhere to the people-centered development ideology, follow the law of education, actively play the role of fiscal function, continue to increase investment in financial education, and persist in adhering to the bottom line. Highlight key points, improve the system, guide expectations, and insist on increasing investment and promoting reform, establishing mechanisms, strengthening management, and improving performance.

How much did the country spend on education in these years?

>>>In the past five years, the national education funding has grown at an average annual rate of 7.9%.

Xiao Jie said that in recent years, especially since the 18th National Party Congress, in accordance with the decision-making arrangements of the Party Central Committee and the State Council and the relevant requirements of the National People's Congress, the central and local governments have placed education in a strategic position of priority development, and improved the education investment mechanism. We will increase investment in financial education, optimize the structure of education funds, focus on investment, prioritize protection, and strengthen the management of fund use, improve the efficiency of fund use, and support the development of education as a priority.

The data show that from 2012 to 2016, the total investment in education funds (including financial education funds and non-financial education funds) has reached nearly 17 trillion yuan , of which, in 2016, it reached 3.8888 trillion yuan, which was 1.36 times that of 2012. The average annual growth rate is 7.9%, and the proportion of GDP has remained above 4% for five consecutive years since 2012 (4.22% in 2016).

Among them, the national general public budget arrangement of education expenditure of 2,077.3 billion yuan, is the main channel of fiscal education funds, is the first major expenditure of the general public budget, accounting for 15%, fiscal education funds dominate.

In addition, non-financial education funding has become an important complement. In 2016, the national non-financial education fund including business income, private school sponsors' investment, donation income and others was 749.2 billion yuan, accounting for 19.3% of the total investment in education.

Where is the trillions of countries’ financial education funds used?

>>>Used in three "more than half"

Where is the trillions of countries’ financial education funds used? The answer is three “more than half”: in 2016, more than half of China’s fiscal education funds were spent on compulsory education, more than half were used in the central and western regions and inclined to rural areas, and more than half were used for teacher wages and welfare and student funding.

In 2016, the national financial education funds were used for compulsory education of 1,658.3 billion yuan, accounting for 52.8%, reflecting the top priority of compulsory education.

From a regional perspective, the central financial education transfer payment funds mainly support the central and western regions as well as the revolutionary old areas, ethnic areas, frontier areas and poverty-stricken areas. In 2016, about 84% of the central government education transfer payment funds were used to support the central and western regions.

Among the local fiscal education funds, the eastern, central and western regions were 111.7 billion yuan, 881.3 billion yuan and 832.9 billion yuan respectively. The financial education funds in the central and western regions accounted for about 60% of the national (excluding the central level).

From the perspective of rural areas, the expenditure on education per student has maintained rapid growth. In 2016, the average expenditure on education for rural junior high schools, primary schools and kindergartens was 144,000 yuan, 10,800 yuan and 0.61 million yuan respectively, an increase of 50.2% over 2012. 51%, 51.1%.

From the perspective of expenditure items, more than half of the financial education funds are used for teacher salary and welfare and student funding. In the 2016 National Financial Education Expenditure Project, the total salary and welfare of teachers and student funding accounted for 61.1%, an increase of 10.6 percentage points over 2012.

"Since the 18th National Congress of the Communist Party of China, through the support of financial education funds, taxation and Other policies, through the joint efforts of all parties, China's education industry has developed in an all-round way, the education in the central and western regions and rural areas has been significantly strengthened, and the priority of supporting education has achieved remarkable results. Xiao Jie said.

Statistics show that the overall development level of China's education has entered the upper and middle ranks of the world. The rate of education enrollment (park) at all levels exceeds the average level of middle- and high-income countries, and the compulsory education penetration rate exceeds the average level of high-income countries.

At the same time, the overall capacity of the Education Service Party and the national strategy has been significantly enhanced, education equity and quality have improved markedly, the reform of the education system has also been comprehensively deepened, and breakthroughs have been made in reform of some key areas and links.

The system for spending money on education is getting better and better

>>>Strengthen the system cage and strengthen the management of financial education funds

Xiao Jie introduced that in recent years, the Ministry of Finance, together with various regions and the Ministry of Education and other relevant departments, has actively taken measures to strengthen the management of financial education funds, and strive to improve the scientific, normative and effective use of funds.

In terms of system, the Ministry of Finance and the Ministry of Education have revised four educational financial accounting management systems, including the financial system and accounting system of institutions of higher learning and primary and secondary schools. All universities and primary and secondary schools have formulated internal financial management measures for the purpose of further standardizing all levels. The financial accounting behavior of various schools laid the institutional foundation. System (revision) set a special fund management method.

"Strengthen the system cage. All localities have also formulated and improved the local financial education special fund management methods, and insisted on using the system to manage money and manage the affairs." Xiao Jie said.

In addition, the Ministry of Finance, together with the Ministry of Education and other relevant departments, has compiled a three-year rolling expenditure plan for education since 2016, strengthening the constraints of the medium-term fiscal plan on the annual budget, and improving the forward-looking and sustainable budgeting. Strengthen the budget implementation progress assessment, and the central government education budget implementation rate will remain above 98%.

In accordance with the requirements of simple administration and standardization of budget management, in 2016, the central government budget appropriation system was reformed, the basic expenditure system was optimized, and the per capita quota allocation method was improved; the project expenditure system was reconstructed, and the original 13 projects were optimized and integrated into 6 Projects and improve the way funds are allocated and managed.

In accordance with the requirements of the improved transfer payment system, the number of special transfer payment projects will be cleared, consolidated and merged into 23 items in 2013, and the funds will be funded by the Ministry of Finance and other relevant departments of the Ministry of Education, mainly in proportion, factors and quotas. Such methods are allocated and arranged by local governments according to regulations. All projects of the central department's education budget and the central government's financial education special transfer payment all report performance targets.

Xiao Jie said that the party's 19th National Congress report pointed out that building a strong education country is the basic project for the great rejuvenation of the Chinese nation. It is necessary to give priority to education, deepen education reform, accelerate education modernization, and run a satisfactory education for the people.

Under the current situation that China's education fund input and utilization mechanism is gradually improved, the total amount continues to grow, the structure is adjusted and optimized, and the benefits are constantly showing up. In the face of some problems and shortcomings in the financial education work, the next step is to adhere to the new development concept and comprehensively Implement the Party's education policy, conscientiously implement the decision-making arrangements of the Party Central Committee and the State Council, and the requirements of the National People's Congress, actively play the role of the fiscal function, persist in giving priority to development, continue to protect education as a key area of ​​financial investment, and strive to improve the long-term growth of investment in education. mechanism;

Persist in highlighting key points, optimize the structure of financial education expenditure, focus on winning education and fight against poverty; persist in deepening reform, increase financial support, focus on removing institutional and institutional obstacles that restrict the development of educational science; adhere to legal financial management, strengthen fund management, and focus on improving capital use Performance; Practically improve and strengthen the financial education work, strive to continuously make new progress in learning and teaching, and further enhance the people's sense of gaining access to education reform and development.

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