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China’s education and training sector lacks capacity and quantity and quality of education and training programs to enable individuals, enterprises and government departments to gain the necessary knowledge and skills to cope with rapid socio-economic globalization, regional integration and the move towards a knowledge-based market economy. |
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China has a critical shortage of qualified administrators, managers, technical personnel and entrepreneurs with modern business skills, IT, technical and western business knowledge and English proficiency needed to sustain China’s drive for economic modernization and reform, and face the challenges of foreign competition as a result of WTO accession. The urgent need to increase the quality and quantity of skilled administrators, managers, technical personnel, entrepreneurs and good English speaking workers, coupled with a “one child’ policy and the desire by the general population for individual self improvement, offers huge opportunities for foreign participation in China’s education and training market. There is no doubt that China is the world's largest education and training market and will be the global center for knowledge and information generation, transfer, exchange and dissemination for decades to come. It has been suggested that ~300,000 MBAs and 200,000 IT personnel will be needed each year to sustain China’s economic modernization and growth. More than 10 million people were trained in 2001 in Guangzhou, Shanghai and Beijing alone. The total value of the training market in China in 2003 has been estimated to be more than USD10 billion, and rising sharply.
The most popular
education program involving foreign participants has been business
administration programs. The major players in the Chinese education
and training market are US, UK, Canada and Australia. Other
countries active in China include New Zealand, Hong Kong, Macao,
Japan, and other European countries such as France, Denmark and
Germany. The majority of these co-operations are in the form of
join ventures with Chinese partners but Wholly Foreign Owned
Enterprise is now the preferred option. |
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