Abstract
International Higher Education (IHE) publishes insightful, informed, and high-quality commentary and analysis on trends and issues of importance to higher education systems, institutions, and stakeholders around the world.
Highlights
China's economic growth declined sharply, while at the same time domestic demand was not high enough to maintain the momentum of economic growth
Beginning in 1978, a market economy was introduced into China, and the country opened its door to foreign investment
Amid the global financial crisis, China's economy has started declining in a surprising speed since summer 2008
Summary
Based on the statistics of the Ministry of Education, in 2009 higher education graduates will include more than 6.11 million in China, while in 2002 the total number comprised only 1.45 million. To increase domestic demand the central government of China reduced interest rates dramatically for saving accounts. In 1999, the Chinese government was encouraged to stimulate domestic demand by increasing higher education enrollment. This policy was accepted by the government. The Chinese government hopes that injecting a huge investment into the economy will create jobs and relieve much of the pressure of gradinternational higher education 4 the global financial crisis uates’ unemployment. Some experts predict that building infrastructure will only provide manual jobs for ordinary workers and will benefit college graduates much less Another measure is to expand postgraduate enrollments. This year, 1,246,000, undergraduate degree holders will be taking the postgraduate entrance exams
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
