China's Ministry of Finance allocates 158.2 billion yen to compulsory education - Chinese media

China's Ministry of Finance recently announced that it will increase the budget by 2.3 billion former (about 49.6 billion yen) from the previous year to 158.2 billion former (about 3.3 billion yen) in order to narrow the urban-rural gap in compulsory education and secure funds for compulsory education in rural areas.
The Ministry of Finance announced that it would contribute 410 billion yen to the welfare system for children and students from economically disadvantaged families.
The welfare allowance for children and students living in dormitories will be increased from 1,000former (approximately 21,500 yen) to 1,250former (approximately 26,900 yen) for elementary school students and from 1,250former to 1,500former for junior high school students.
(approximately 32,000 yen). Students who do not live in dormitories will receive roughly half the amount of those who do. It is estimated that more than 20 million students nationwide will receive living assistance.
In addition, the government will raise the subsidy standards for repairing and renovating school buildings in rural areas. In addition, it will support the implementation of a policy of providing living subsidies to teachers in rural areas and the operation of boarding schools in rural areas.
The Ministry of Finance said, "We will adjust policy measures according to the situation and requirements to continuously increase funding. We will promote the balanced development of high-quality compulsory education and urban-rural integration."
We will provide support to accelerate this."