People's Daily publishes article responding to controversy over Peking University's tight-budget days, saying it is not that the money has run out

On September 30, the People's Daily WeChat account People's Sharp Commentary published an article in response, arguing that interpreting "living on a tight budget" as having no money is too narrow a reading; in recent years the budgets of Peking University and many other universities have all kept growing, and the key lies in whether funds are spent scientifically and yield results.