AbstractEducation is an important part for people’s life
Education imparts knowledge whereby making discoveries and implementing them for the betterment of the society becomes possible
Education, especially higher education has undergone a long development history, both in China and western countries
In terms of higher education, it has different characteristics in China and western countries
Nowadays, it is widely acknowledged that most of the western countries have more advanced higher education than China
However, we shall also notice the existing problems in education, especially higher education
Nowadays, our main channel of funding is focused on banks for which there is tight constrain of back policy by the People’s Bank of China and Banking Supervision Commission
It is hard f