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China's finance ministry allocates $6.7 billion for pre-school education this year

By Reuters Reuters
A teacher gives a class to children at a preschool in Xujiashan village, in Haitang township, during a government-organised media tour in Liangshan Yi Autonomous Prefecture, Sichuan province, China September 10, 2020. REUTERS/Tingshu Wang/File Photo
A teacher gives a class to children at a preschool in Xujiashan village, in Haitang township, during a government-organised media tour in Liangshan Yi Autonomous Prefecture, Sichuan province, China September 10, 2020. REUTERS/Tingshu Wang/File Photo TINGSHU WANG Reuters

BEIJING - China has allocated 45.8 billion yuan ($6.73 billion) in funding to support the development of pre-school education this year, state broadcaster CCTV said on Friday.

The allocation from the Finance Ministry was 38% higher than the funds earmarked for the same segment last year, to focus support for local authorities in waiving pre-school education fees and improve childcare quality, CCTV said.

($1 = 6.8014 Chinese yuan renminbi)

(Reporting by Liz Lee and Beijing newsroom; Editing by Muralikumar Anantharaman)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 7, 2026 at 8:55 PM.

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