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Changes in Chinese higher education: Financial trends in China, Hong Kong and Taiwan

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  • Jacob, W. James
  • Mok, Ka Ho
  • Cheng, Sheng Yao
  • Xiong, Weiyan

Abstract

The cost of higher education (HE) continues to grow at an unsustainable rate in many country contexts, including in East Asia. With recent and projected HE growth in this region, HE administrators are increasingly faced with how best to provide cost-effective delivery while at the same time addressing how to meet workforce demands of increased quality, accountability, and international standards of excellence. In this article, we examine good and best practices of HE finance models in China, Hong Kong, and Taiwan. A primary objective of this article is to highlight a select number of exemplary models of HE financing that can reduce or at least help level off this unsustainable trend. We conclude with recommendations to assist policy makers, government planners, and HE administrators in their attempts to meet the financial challenges of today and in the future.

Suggested Citation

  • Jacob, W. James & Mok, Ka Ho & Cheng, Sheng Yao & Xiong, Weiyan, 2018. "Changes in Chinese higher education: Financial trends in China, Hong Kong and Taiwan," International Journal of Educational Development, Elsevier, vol. 58(C), pages 64-85.
    • Handle: RePEc:eee:injoed:v:58:y:2018:i:c:p:64-85
    DOI: 10.1016/j.ijedudev.2017.03.006
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    References listed on IDEAS

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    Cited by:

    1. Mok, Ka Ho, 2021. "Managing neo-liberalism with Chinese characteristics: The rise of education markets and Higher education governance in China," International Journal of Educational Development, Elsevier, vol. 84(C).
    2. Xiong, Weiyan & Yang, Jiale & Shen, Wenqin, 2022. "Higher education reform in China: A comprehensive review of policymaking, implementation, and outcomes since 1978," China Economic Review, Elsevier, vol. 72(C).
    3. Jian Li & Eryong Xue, 2022. "Pursuing Sustainable Higher Education Admission Policy Reform: Evidence from Stakeholders’ Perceptions in China’s Pilot Provinces," Sustainability, MDPI, vol. 14(19), pages 1-13, September.
    4. Chen, Jin & Su, Yu-Shan & de Jong, Jeroen P.J. & von Hippel, Eric, 2020. "Household sector innovation in China: Impacts of income and motivation," Research Policy, Elsevier, vol. 49(4).
    5. Kang, Yuyang & Xiong, Weiyan, 2021. "Is entrepreneurship a remedy for Chinese university graduates’ unemployment under the massification of higher education? A case study of young entrepreneurs in Shenzhen," International Journal of Educational Development, Elsevier, vol. 84(C).

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