Abstract
Management education in China has undergone a dramatic passage of falling and rising over the past half century. This paper first reviews the synchronous development of economy and management education in China since 1949. Then, it analyses, on the basis of a market model, how the government as the change agent has influenced both the firms' demand for and the higher education institutions' supply of management education and the interaction between this pair of 'demander' and 'supplier'. Finally, it discusses the roles and implications of several new 'players' in the marketplace of management education in China for its future development.
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