BEIJING, June 6 (Reuters) - Chinese universities are drastically increasing tuition fees this year, with some making their first rises in two decades, hurt by a reduced national budget for tertiary education and tight local government finances.
The higher fees come amid a financial crunch among local governments after three years of disruptive COVID-19 policies, a property crisis and a sluggish economy.
Chinese universities, almost all public, rely heavily on state funding.
The study suggested increasing tuition fees for international students to as much as 110,000 yuan per year from about 20,000 yuan.
($1 = 7.1165 Chinese yuan renminbi)Reporting by Ella Cao and Ryan Woo.
Persons:
Liu Jin, Ella Cao, Ryan Woo, Gerry Doyle
Organizations:
East China University of Science, Technology, Shanghai Dianji University, Beijing Institute of Technology, Thomson
Locations:
BEIJING, Shanghai, Sichuan, Jilin