Zhang Junxiong: Expanding Investment in People's Livelihood Can Achieve Significant Results with Minimal Effort (AI Translation)
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- Zhang Junkuo, a member of the National Committee of the Chinese People's Political Consultative Conference, emphasizes the importance of increasing public welfare spending, especially in education, to support sustainable economic growth and improve living standards.
- Despite tight fiscal conditions, Zhang advocates for targeted financial support to impoverished areas and low-income groups to boost consumption demand and employment, highlighting the role of early childhood education in rural areas for long-term human capital development.
- Recommendations include issuing guidance for rural childcare, leveraging existing health systems for early childhood services, increasing fiscal investment towards poverty-stricken areas, establishing professional childcare teams, and enhancing project management through information technology.
文｜财新周刊 任波 范俏佳 汤涵钰
By Caixin Weekly's Ren Bo, Fan Qiaojia, Tang Hanyu
当前，各地财政收支平衡偏紧，优化财政支出结构的呼声不止。如此背景下，第十四届全国政协委员、提案委员会副主任，中国发展研究基金会理事长张军扩认为，扩大民生投入和稳增长的目标不但并不矛盾，而且有利于稳增长。
Amidst a backdrop where local fiscal balances are tight and calls for optimizing the structure of fiscal expenditures are unceasing, Zhang Junkuo, the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) member, Deputy Director of the Proposal Committee, and Chairman of the China Development Research Foundation, believes that expanding livelihood investments and aiming for stable growth not only are non-contradictory objectives but also beneficial for ensuring stable economic expansion.
身为经济学家的张军扩对教育投入高度关注。他表示，发挥财政资金“四两拨千斤”的作用，重要抓手在于“人”。
Zhang Junkuo, an economist, places a high emphasis on investment in education. He asserts that the key to leveraging fiscal funds effectively lies in focusing on "people."
事实上，各省份民生支出中，都尤其重视教育投入。例如，江西、湖南、云南、贵州2023年教育支出占一般公共预算支出的比重达16.5%—19.4%；陕西教育支出曾为第一大支出，社会保障和就业支出2023年方以16.5%的占比超越占比15.2%的教育支出。
In fact, provinces across China place a particular emphasis on education spending within their public welfare expenditures. For instance, in 2023, the proportion of education spending in the general public budget expenditures of Jiangxi, Hunan, Yunnan, and Guizhou reached between 16.5% to 19.4%. In Shaanxi, education expenditure was once the largest expenditure category, but in 2023, social security and employment expenditures surpassed it with a share of 16.5%, compared to education's share of 15.2%.
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