■ Market of Vocational Education
 
Vocational Education Investment in China (From 2005-2010)
 
Central Governmental Investment:
 
◤ Special Fund for the construction of the basic capability for vocational education will exceed 1.8 billion USD. It will mainly support the construction of demonstrative higher professional college, training base and teachers’ qualification training. The financial investment from central and local government will reach 2.7 billion USD in five years.
◤ Plan to invest 340 million USD as special fund to construct over 2000 vocational training bases including all the subjects like numerical control, computer application, auto application and maintenance, electrical and electronic technology, construction technology, bio-technology etc. The training bases will highly equipped with vocational equipment and instrument and will share the valuable resources.
◤ Plan to invest over 680 million USD to mainly support 1000 prefectural vocational education centers and 1000 demonstrative secondary vocational schools in central and western China.
◤ Plan to invest 67.5 million USD to support the training of vocational teachers with “dual-abilities”.
 
Local Governmental Investment:
 
◤ Qinghai Provincial Government invests 64.8 million USD to improve the condition of 19 vocational schools.
◤ Shandong Provincial Government invests 19.5 million USD for vocational education.
◤ Jiangsu Provincial Government invests 27 million USD in the construction of top-level vocational training bases.
◤ Zhejiang Provincial Government: invests over 135 million USD in two years in skilled workers’ training.
◤ Liaoning Provincial Government increases the investment on vocational education to 27 million USD.