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scientific edition of Bauman MSTU

SCIENCE & EDUCATION

Bauman Moscow State Technical University.   El № FS 77 - 48211.   ISSN 1994-0408

CHINA: Hong Kong to raise higher education rate

22.10.2010
Hong Kong Special Administrative Region Chief Executive Donald Tsang said last week the city was likely to raise the higher education participation rate among young people to about 65%, from around 30% in 2000, reports The People's Daily.

"Education is the largest single expenditure item in our budget, representing over 20% of [Hong Kong's] total government recurrent expenditure," Tsang said in his annual policy address at the city's 60-member Legislative Council, which was broadcast live to Hong Kong's seven million people.

Tsang proposed forming a fund with a total commitment of HK$2.5 billion (US$322 million) for the development of self-financing post-secondary education.


Source: People's Daily
with reference to University World News
 
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