China Fuels Vocational Education Colleges
The Ministry of Education (MoE) has announced a government investment of 5 billion Yuan (RMB) from 2016 to 2020 aimed at promoting the combination of production and study to build a modern vocational education system. The announcement came after the MoE recently published data on the 1,341 vocational colleges operating in China. The 10.48 million students enrolled make up more than 40% of all college undergraduates. China has established financial support systems for VET since 2015, with estimated annual financial subsidies of no less than 12,000 Yuan (1,806 U.S. dollars) per student in 2017.