Chinese Families Spend a Third of Income on Children’s Education
A family with one or more children studying in school or kindergarten spent an average 3,522 yuan (about 440 U.S. dollars) on their education between October 2004 and October 2005, accounting for nearly a third of the household’s annual income, the survey said…
The survey also showed that about 85 percent of Chinese families choose to send their children to public schools rather than private ones, citing “low tuition fees” and “standardized teaching methods” as the major reasons.
Source: People’s Daily Online
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