China Daily

Years on

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The Master of Business Administra­tion program was introduced in China in 1991 with only nine colleges offering MBA courses.

The item from July 12, 1999, in China Daily showed MBA students attending their graduation ceremony at Renmin University of China in Beijing.

At that time, the country only had 9,000 MBA gradu- Editor’s note: This year marks the 40th anniversar­y of China’s reform and opening-up policy. ates, whereas the United States trained 70,000 students annually.

Now, there are more than 200 schools offering MBA degrees across China. By the end of 2015, China had 258,000 MBA graduates, according to the Ministry of Education.

In 2002, executive MBA programs were introduced by institutio­ns such as Fudan University in Shanghai and Peking University in Beijing.

Currently, 64 Chinese universiti­es are authorized by the ministry to offer Executive MBA programs.

EMBA courses have come under tighter regulation­s since 2016 when the China National MBA Education Supervisor­y Committee announced all Chinese EMBA applicants are required to take the national postgradua­te entrance examinatio­n.

Universiti­es offering such programs have the power of autonomous recruitmen­t.

Tuition fees for all MBA programs will be collected in strict accordance with regulation­s, according to the new rules.

It is not the first time that the government has tighten- ed EMBA regulation­s.

In 2014, the central government banned officials and executives of State-owned enterprise­s from pursuing expensive EMBA courses. About 300 million metric tons of plastic are produced every year. About half this amount is discarded after just a single use, like carrying the shopping home. Second, cook more at home. Cooking at home means fewer takeout containers.

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