Minister of Finance: This year's fiscal expenditures on education, health, and other sectors will exceed 12.4 trillion yuan

LightningPacketLoss · 2026-03-06T08:12:56+00:00

Finance Minister Lan Fuan stated at the National People's Congress that this year will focus on increasing funding for high-quality development. National science and technology expenditure is nearly 1.3 trillion yuan, an increase of 7.1%, and a total of over 12.4 trillion yuan is allocated to education, social security, and other four categories of expenditure.

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2026-03-06 08:12:56

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Minister of Finance Lan Fuan stated at the press conference on the economic topics of the Fourth Session of the 14th National People’s Congress on March 6 that more funds will be allocated to key areas and critical links of high-quality development. This year, national science and technology expenditures are planned to be nearly 1.3 trillion yuan, an increase of 7.1%. The combined expenditures for education, social security and employment, health and wellness, and housing security exceed 12.4 trillion yuan. (Reporter Shen Cheng, Zhang Xiaojie)

(Edited by: Wen Jing)

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