As already indicated when initially discussing China’s public universities’ financial situation, a plan to overcome underlying problems is not in sight as yet. After analysing some of the most critical cases, however, key reasons for failure – most of them related to planning and control mechanisms – can be named: Dwindling enrolments due to the [...]
It has been a known issue for more than a decade: Chinese universities’ insurmountable debts. And as the topic managed to attract public attention again just recently, a closer look into the matter deemed appropriate. Departments of statistics, both federal and local, would not go so far as to hard-wire figures leaving it up to [...]
The National Outline for Education Reform stipulates an increase of the federal education budget to 4% of China’s GDP by 2012. Vice Minister of Finance Ding Xuedong calls this “challenging because other sectors such as agriculture, science and technology, health care and social security need investment, too”. China’s education expenditure – central and local governments [...]