Caixin
Sep 07, 2015 05:12 PM

Proposed Law Change Would Allow For-Profit Schools for First Time

(Beijing) – For-profit schools and universities could be allowed to operate in China for the first time under a proposed change to the law, but one expert said institutions may not want to lose their non-profit status if it means paying more in taxes.

The Legal Affairs Office of the State Council released draft revisions to several education laws on September 6, and one of the changes would see a ban on for-profit private schools lifted.

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