Analysis of China Technical Education Fund Investment between Governments on Two Levels from Perspective of Dividend Distribution of State-owned Capital Gains
Xiao-Ling Zheng 1, 2  
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Minjiang University, CHINA
Renming University, CHINA
Xiao-Ling Zheng   

School of Economics and Management, The research Center of Haixi Fiscal and Financial Development, Minjiang University, Fuzhou, Fujian 350108; Address to No.200, Xi yuan-gong Rd. Shangjie Town, Minhou County., Fuzhou City 350108, Fujian Province, China. Tel: +86-13599062993.
Publish date: 2017-06-27
EURASIA J. Math., Sci Tech. Ed 2017;13(7):4319–4331
The development of China's technical education has been severely constrained by the shortage of education funds. China's technical education funding are too small. The main source of education comes from fiscal revenue. A large proportion of State-owned enterprises profit income as a major source of fiscal revenue are still retained in the enterprises. We should turn over a portion of State-owned enterprises profit for technical education funding in order to alleviate insufficient technical education funds. The central government should decentralize powers to ensure the activity of local government, thus achieving the optimal coordination of benefits between the two, so as to increase the local government technical education funding. We should further refine the responsibility of all levels of government, improve the management mechanism of technical education funds. And then we should implement a comprehensive, multi-level technical education funding management mechanism.
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