A Comparative Study of Costing in Private Colleges and Universities of Different
Since the “National Medium- and Long-Term Education Reform and Development
Plan (2010-2020)” (hereinafter referred to as the “Planning Outline”) proposed
“actively exploring the Category Management of profit and non-profit private
schools”, Category Management has become a central topic in the field of
private education, especially in the field of private higher education. Until
November 7, 2016, the Standing Committee of the National People's Congress
deliberated and adopted the "Decision on Amending the Private Education
Promotion Law of People's Republic of China " (hereinafter referred to as the
"People's Promotion Law (Amendment)"), and changed Article 18 to Article 19,
which reads “The organizers of private schools can choose to set up non-profit
or profit private schools independently”, which fundamentally recognizes
the legitimacy of Category Management in private schools. This document has a
milestone significance for the development of private education. From the
top-level system, it designs the property rights, financial support and legal
person attributes in the development of China's private education,which makes a
new development opportunity for private education.