According to Article 62 of the Education Law of the People's Republic of China, the state encourages the use of financial and credit means to support the development of education.
Article 64 The local people's governments at all levels and their relevant administrative departments must incorporate the capital construction of schools into the urban and rural construction planning, make overall arrangements for the land and materials needed for the capital construction of schools, and implement preferential policies in accordance with the relevant provisions of the state.
Extended data:
"Education Law of the People's Republic of China" Article 54 The state establishes a system of raising education funds mainly by financial allocation and through various other channels, gradually increasing investment in education, and ensuring a stable source of education funds for state-run schools. Schools and other educational institutions established by enterprises, institutions, social organizations and other social organizations and individuals according to law shall be funded by the sponsors, and the people's governments at all levels may give appropriate support.
Fifty-seventh the State Council and the local people's governments at or above the county level shall set up special funds for education, focusing on supporting the implementation of compulsory education in remote and poor areas and ethnic minority areas.
Ministry of Education of People's Republic of China (PRC)-Education Law of the People's Republic of China