X @外汇交易员

Government Initiatives & Fiscal Policy - Central government allocates 100 billion yuan for childcare subsidies [1] - 20 billion yuan allocated to gradually implement free preschool education [1] - Central government to establish a joint fiscal power transfer payment project named "Childcare Subsidy Fund" [1] - Initial budget of approximately 90 billion yuan allocated for the "Childcare Subsidy Fund" in the current year [1] - Central government to subsidize local governments at a certain percentage for the funds required for issuing national basic standard subsidies, with the central government bearing approximately 90% of the overall cost [1]