久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

   

Universities rack up huge debts

By Wang Shanshan (China Daily)
Updated: 2007-08-15 07:12

China's major public universities and colleges are encumbered by huge debts, according to a survey by Peking University.

The one-year survey covered 76 universities and colleges affiliated to the Ministry of Education. It showed that the institutions rely heavily on bank loans and government funds.

Most of their income goes to paying interest on the bank loans, according to the Chinese-language 21st Century Business Herald, which published part of the survey yesterday.

The 76 universities and colleges had a total income of 65.67 billion yuan ($8.42 billion) in 2005. Most of the income was derived from government funds and tuition fees.

In the same year, they had a total debt of 33.6 billion yuan, which means an average debt of 440 million yuan for each institution.

Related readings:
Bond issue urged to cover unis' debts
University graduates face tough test in job market
Mounting costs put young off university
Military training in a Najing university
Their debt-to-asset ratio was 16 percent on average in 2005. But for the largest borrower - Jilin University - the ratio was 55 percent.

The university had a debt of 3 billion yuan, and had to pay an annual interest of more than 100 million yuan.

Those in a relatively good financial situation include Peking University and Tsinghua University in Beijing; Shanghai Jiao Tong University; Fudan University; Tongji University and East China Normal University in Shanghai; Nanjing University and Southeast University in Nanjing; and Zhejiang University in Hangzhou.

The survey showed government funds remain the top source of funding for universities. More than 49 percent of their income was from the government.

Foreign language universities rely less on government money because they have more ways to generate funds, such as publishing books. Government funds accounted for between 23 and 36 percent of their income in 2005.

Universities and colleges with a focus on agriculture and forestry are most dependent on the government.

Government funds accounted for up to 81 percent of their income in 2005.

A report released by the Chinese Academy of Social Sciences in March said that all of China's public universities and colleges had a combined debt of between 15 billion and 20 billion yuan in 2005.

Universities became big borrowers when the government merged them into super-sized universities. These universities launched a number of building projects to accommodate more students.

Because the number of young people reaching college age keeps growing, the government has been encouraging universities and colleges to expand their enrollment. There were 5.56 million undergraduate students in China in 2000, and the number was 15.62 million in 2005.



Related Stories  
Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 日本不卡高清免费 | 国产a级一级久久毛片 | 97香蕉久久夜色精品国产 | 在线观看国产亚洲 | 波多野结衣视频免费 | 亚洲午夜精品一级在线播放放 | 国产亚洲欧美一区 | 九九视频在线观看视频6偷拍 | 蝴蝶成人世界第八影院 | 99国产精品久久久久久久成人热 | 日韩一级在线播放免费观看 | 日本人成18在线播放 | 国产在线观看91精品一区 | 草草影院www色极品欧美 | 国产精品久久久天天影视香蕉 | 日韩亚洲欧美综合一区二区三区 | 成人在线网 | 国内成人自拍视频 | 国产亚洲欧美在线播放网站 | 成人小视频在线观看免费 | 亚洲性爰视频 | 中国日本高清免费视频网 | 可以看的毛片网站 | 久久久精品久久久久久久久久久 | 高清一级毛片 | 免费看一级欧美毛片视频 | 精品国产免费第一区二区三区日韩 | 午夜三级在线观看 | 在线播放一区二区精品产 | 日本三级香港三级少妇 | 亚洲欧美日韩国产综合 | 亚洲精品www久久久久久久软件 | 亚洲高清在线观看播放 | 国产高清久久 | 美国的毛片免费的 | 国产v片在线播放免费观 | 我不卡午夜 | 泰国一级毛片aaa下面毛多 | 精品国产美女福到在线不卡f | 一区在线免费观看 | 日韩久久一区二区三区 |