The person in charge said, "The fiscal expenditures of different countries are slightly different, but they are generally comparable." In 20 10, the proportion of China's fiscal expenditure on education was 15.8%, and education was the largest expenditure of public finance.
China is actively implementing the strategy of "rejuvenating the country through science and education" and "strengthening the country through talents", and increasing investment in education is an important policy means. From 200 1 to 20 10, the public finance investment in education increased from about 270 billion yuan to about142 billion yuan, with an average annual growth rate of 20.2%, which was higher than the average annual growth rate of fiscal revenue in the same period.
According to the official target, by 20 12, China's national financial education expenditure will account for 4% of GDP. In 2009, this proportion was 3.59%. The proportion of fiscal education funds to GDP depends not only on the proportion of fiscal education funds to fiscal expenditure, but also on the proportion of fiscal revenue to GDP.
The person in charge of the Ministry of Finance said that in the future, the financial investment in education will be further increased, the proportion of fiscal education expenditure to public finance expenditure will be significantly increased, and the investment in educational infrastructure within the budget will be significantly increased.
He also said that while increasing investment in education from the public budget, it is also necessary to broaden the sources of financial education funds by extracting education funds in proportion from land transfer income.
At the beginning of this year, the State Council decided that starting from 20 1 1 and 1, all localities would withdraw education funds at the ratio of 10% after deducting the compensation for land acquisition and demolition, land development and other expenses from the land transfer income obtained by transferring the state-owned land use right in that year.
The person in charge said that the Ministry of Finance and the Ministry of Education have recently issued a notice to clarify the caliber, proportion, scope of use and management methods of education funds. The accrued education funds shall be earmarked for the construction, maintenance and renewal of rural basic education schools and the purchase of teaching equipment.