Research on Investment Scale and Allocation Structure of Chinese Higher Education Finance

Based on a systematic literature review, the book aims to forecast the investment scale of Chinese higher education and the allocation structure of different types of higher education institutions in the next decade.

The authors first introduce the complex setting of Chinese higher education finance, including the background and theoretical foundation, as well as an in-depth literature review. Via international comparative data, they explore the adequacy and equity of the financial resources. By applying quantitative methods, such as panel data analysis and time series analysis, they forecast the public investment scale in higher education and the allocation structure and proportion among different types of higher education institutions. In addition, the book investigates the standards of teaching funding and teacher research funding, which are considered the main funding resources of Chinese universities and individual teachers.

As China has become the world’s largest country of higher education, "how to provide adequate and equal funds to meet the increasing demand" is of great interest to scholars and policymakers both from China and abroad. The book will also appeal to postgraduate students who would like to know the overall status of Chinese higher education finance.

Yongmei Hu is a professor of the Faculty of Education at Beijing Normal University, Beijing, China. Since 2016, she has been a vice editor-in-chief of the editorial board of China Economics of Education Review and a member of the executive board of the Association of China Education and Economics. Her research interests focus on the educational production function, school efficiency analysis, and educational finance policy. She has published more than 140 papers in Chinese and international journals.

Yipeng Tang is an associate professor with the Faculty of Education, East China Normal University, Shanghai, China. He received his PhD in economics of education from Beijing Normal University. He was granted Young Researcher Funds by the National Natural Sciences Foundation of China. He has published more than 40 research articles in academic journals. His research interests include higher education finance, teacher policy, and student development.