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China spends over 5 trln yuan on education in 2019

China spent about 5.01 trillion yuan (about 706.6 billion U.S. dollars) on education nationwide in 2019, up 8.74 percent from the previous year, the Ministry of Educat

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China to reduce corporate burden by over 2.5 trln yuan in 2020

China aims to reduce corporate burden by more than 2.5 trillion yuan (about 353 billion U.S. dollars) throughout the year, according to a government work report submit

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China's privately offered funds top 14 trln yuan

China's privately offered funds scaled up to exceed 14.25 trillion yuan (about 2.01 trillion U.S. dollars) by the end of March, industry association data showed. The f