Re: [MTC Global] Lessons from China

Dear Prof. Dutta: If you think members of MTC would find it useful in this discussion please find the upcoming Bized magazine on business education in Asia. http://www.e-digitaleditions.com/t/11133

With regards

Govind Hariharan

On Mar 30, 2014, at 11:22, "Prof. Bholanath Dutta" <bnath.dutta@gmail.com> wrote:

Two decades back, China faced problems similar to those India faces today — its higher education had both capacity and quality issues. Since then China has worked hard to upgrade its educational institutions. It has two programmes — Project 211 and Project 985. The former aims to make 100 Chinese universities world class in the 21st century; this will help China churn out world-class trained professionals to push economic growth. These universities are expected to set national standards for education quality that can be replicated by others.

Project 985 started more than a decade back and is an attempt to build China's own Ivy League colleges in the 21st century. In the first phase the project included nine universities. The second phase, launched in 2004, includes 40-odd universities. The projects have been backed by significant investments. According to a New York Times report, China is investing $250 billion a year in human capital.

The dragon country's efforts are now bearing fruit. Many Chinese universities are climbing up the global ranks. Two Chinese universities have made it to the top global 50 in the Times Higher Education report. India has none. In the top 500, 16 Chinese universities make the cut against seven from India. Mobile international students are taking note. A decade back, China was hardly on anybody's radar.

Today, it is the third largest education hub in the world after the US and the UK with 3.28 lakh international students, according to IIE. By 2020, it hopes to host 500,000 international students. Even Singapore is targeting 1.5 lakh foreign students by 2015. In contrast, India was home to just 27,000 international students in 2012. China is aware that to push innovation and realize its economic ambitions, it must be able to attract top talent — in its colleges and workforce.

 

 

Educate, Empower, Elevate

Prof. Bholanath Dutta

Founder, Convener & President

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MTC GLOBAL- Educate, Empower, Elevate
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