Along with the “reform and open door” policy launched in the late 1970s, China has experienced an annual average GDP growth rate of 9.8% between 1978 and 2002 (Hu, 2003, October 19). China's economy system has also gone through a fundamental transition from a central planning system to a socialist free market economy. To cope with the booming economy and radical social changes, the higher education system of China has been undergoing a process of expansion with marketization (World Bank, 1997).
Li, J. and Lin, J. (2008), "China's move to mass higher education: An analysis of policy making from a rational framework", Baker, D.P. and Wiseman, A.W. (Ed.) The Worldwide Transformation of Higher Education (International Perspectives on Education and Society, Vol. 9), Emerald Group Publishing Limited, Bingley, pp. 269-295. https://doi.org/10.1016/S1479-3679(08)00009-1
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