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0 White Paper on the Business Environment in China
than US$668 billion on education nationwide in vocational education systems, according to a
2018, up by 8.39 percent year-on-year. More than plan for implementing the reform issued by the
1.2 trillion yuan was spent on higher education, State Council. Vocational education and training
up by 8.15 percent from the previous year and systems will be reformed to match with science
accounting for about 1.3 percent of national and technology development trends and market
GDP. Increased government investment in higher demands and to promote economic modernization
education means universities can hire good and higher quality employment, the official
teachers globally and have more resources to documents note. All sectors of society, especially
invest in academic research. This in turn can raise enterprises, are encouraged to support the
their rankings globally, as academic standing and country’s vocational education, it says, adding that
research impact are important factors in these major companies are welcome to run vocational
rankings. The ranking improvements are also schools and offer high-quality programs. The plan
the result of numerous changes by universities details measures to improve national systems and
in teaching and in how they evaluate teachers. policies relating to vocational education and lift the
According to a statement from QS, the higher quality of both secondary and higher vocational
education analysts, of the mainland’s 42 ranked education in the country. Moreover, China will
universities, 32 have improved their performances establish national standards for vocational
for its citations per Faculty indicator. The education and ensure standards regarding teaching,
country’s top 10 universities produced 428,191 education materials and teachers are well met,
research papers in the five-year period that QS aiming to nurture and pass down “craftsmanship,”
used to assess research impact, while the top 10 according to the document. Under a trial system set
universities in the U.S. produced 443,996. This to be implemented from 2019, students at vocational
means the output gap narrowed to 15,805 papers colleges, as well as universities that mainly offer
(China Daily). undergraduate programs in applied areas, will be
awarded an academic certificate plus diplomas
Vocational of vocational skills of various levels. In five to ten
years, operators of China’s vocational education
The country launched an implementation plan institutions, which are now mostly government-
for expanding vocational college enrollment by run, will be diversified and include more entities or
a million in 2019 to cultivate talents of various personnel from non-government sectors, according
professional skills. Both the number of vocational to the plan (Vocational).
colleges and enrollments have been on the rise
over the past decade, registering 1,418 and 11.34 E-learning and Online Education
million, respectively in 2018. Colleges for vocational
and technical training accounted for 53.2 percent With the change in Chinese population and
of all higher education institutions. The number its class in the domestic market, education
of students in vocational colleges increased 17.5 consumption is playing an important role in China’s
percent over that of 2009. Vocational colleges household consumption, due to which Chinese
now recruit more demobilized military personnel, education market is on the rise and developing
laid-off workers and migrant workers for the with rapid acceleration. Because of many factors
purpose of training them to enter a highly-skilled such as favorable policies and an eager capital
workforce for a restructuring economy. Premier Li market, the market of private education will grow
Keqiang pledged that China would achieve a large- to 3.36 trillion yuan. Eight education companies
scale expansion of 1 million student enrollments went public from January 2018 to August 2018 in
in vocational colleges in 2019, during his annual the US and Hong Kong. By the end of June 2018, 137
government work report in March 2019 (Xinhua, deals were made in the industry, with the amount
Rising Number). of total financing of USD 2.57 billion, exceeding
that of the whole of 2017. The education industry
China has vowed to cultivate more qualified is being affected by the commercial factors and
laborers and skilled workers by reforming its the inflow of capital, these companies will have
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than US$668 billion on education nationwide in vocational education systems, according to a
2018, up by 8.39 percent year-on-year. More than plan for implementing the reform issued by the
1.2 trillion yuan was spent on higher education, State Council. Vocational education and training
up by 8.15 percent from the previous year and systems will be reformed to match with science
accounting for about 1.3 percent of national and technology development trends and market
GDP. Increased government investment in higher demands and to promote economic modernization
education means universities can hire good and higher quality employment, the official
teachers globally and have more resources to documents note. All sectors of society, especially
invest in academic research. This in turn can raise enterprises, are encouraged to support the
their rankings globally, as academic standing and country’s vocational education, it says, adding that
research impact are important factors in these major companies are welcome to run vocational
rankings. The ranking improvements are also schools and offer high-quality programs. The plan
the result of numerous changes by universities details measures to improve national systems and
in teaching and in how they evaluate teachers. policies relating to vocational education and lift the
According to a statement from QS, the higher quality of both secondary and higher vocational
education analysts, of the mainland’s 42 ranked education in the country. Moreover, China will
universities, 32 have improved their performances establish national standards for vocational
for its citations per Faculty indicator. The education and ensure standards regarding teaching,
country’s top 10 universities produced 428,191 education materials and teachers are well met,
research papers in the five-year period that QS aiming to nurture and pass down “craftsmanship,”
used to assess research impact, while the top 10 according to the document. Under a trial system set
universities in the U.S. produced 443,996. This to be implemented from 2019, students at vocational
means the output gap narrowed to 15,805 papers colleges, as well as universities that mainly offer
(China Daily). undergraduate programs in applied areas, will be
awarded an academic certificate plus diplomas
Vocational of vocational skills of various levels. In five to ten
years, operators of China’s vocational education
The country launched an implementation plan institutions, which are now mostly government-
for expanding vocational college enrollment by run, will be diversified and include more entities or
a million in 2019 to cultivate talents of various personnel from non-government sectors, according
professional skills. Both the number of vocational to the plan (Vocational).
colleges and enrollments have been on the rise
over the past decade, registering 1,418 and 11.34 E-learning and Online Education
million, respectively in 2018. Colleges for vocational
and technical training accounted for 53.2 percent With the change in Chinese population and
of all higher education institutions. The number its class in the domestic market, education
of students in vocational colleges increased 17.5 consumption is playing an important role in China’s
percent over that of 2009. Vocational colleges household consumption, due to which Chinese
now recruit more demobilized military personnel, education market is on the rise and developing
laid-off workers and migrant workers for the with rapid acceleration. Because of many factors
purpose of training them to enter a highly-skilled such as favorable policies and an eager capital
workforce for a restructuring economy. Premier Li market, the market of private education will grow
Keqiang pledged that China would achieve a large- to 3.36 trillion yuan. Eight education companies
scale expansion of 1 million student enrollments went public from January 2018 to August 2018 in
in vocational colleges in 2019, during his annual the US and Hong Kong. By the end of June 2018, 137
government work report in March 2019 (Xinhua, deals were made in the industry, with the amount
Rising Number). of total financing of USD 2.57 billion, exceeding
that of the whole of 2017. The education industry
China has vowed to cultivate more qualified is being affected by the commercial factors and
laborers and skilled workers by reforming its the inflow of capital, these companies will have
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