The provision rate of education funds refers to the proportion of education expenditure to total expenditure. This reflects the importance we attach to education.

Contents of education fund

Education funds include school construction, teaching equipment and teachers. This is part of our investment in children's growth and learning.

Staff education fund

Some trade union funds are also used for employee education, mainly to improve the professional skills and knowledge of employees. Enterprises need to fully extract employee education and training funds according to the total wages of employees.

Relevant regulations

According to the relevant regulations, part of the education funds originally spent by enterprises or non-operating expenses are now included in the total wages. Whether it is an infrastructure unit or a closed enterprise, as long as employee education is held, there are special funds to support it.