Ⅰ．INTRODUCTION 1
STATEMENT OF THE PROBLEM 1
THE NEED FOR RESEARCH IN EDUCATIONAL FINANCE IN CHINA 1
SOURCES OF DATA 6
PROCEDURE 7
Ⅱ．THE EDUCATIONAL PROGRAM OF CHINA 9
A BRIEF RETROSPECT 9
THE PRESENT ADMINISTRATIVE SET-UP FOE THE PROGRAM 10
THE PRESENT ORGANIZATION OF THE EDUCATIONAL PROGRAM OF CHINA 16
THE GROWTH OF THE EDUCATIONAL PROGRAM 21
THE EXTENT OF EDUCATIONAL OPPORTUNITIES 26
Ⅲ．THE COST OF THE EDUCATIONAL PRO-GRAM 31
THE CURRENT COST OF THE SCHOOLS AND INSTITU-TIONS 31
TRENDS IN SCHOOL COSTS 47
RISING SCHOOL COSTS EXPLAINED 50
THE CAPITAL COST 55
THE VARIATION OF COSTS BORNE BY THE PROVINCES AND SPECIAL MUNICIPALITIES 56
Ⅳ．THE PRESENT EDUCATIONAL COST FURTHER ANA-LYZED 60
ANALYSIS OF COSTS BY CHARACTER 60
THE COST OF TEACHERS'SALARIES 62
THE PER PUPIL COSTS OF EDUCATION IN CHINA 66
THE COST OF EDUCATION PER CAPITA OF POPULA-TION 73
Ⅴ．THE COST OF EDUCATION AND OTHER GOVERNMENT COSTS COMPARED 78
THE COST OF EDUCATION AND THE GOVERNMENT BUDGET 78
CHINA COMPARED WITH OTHER COUNTRIES IN THE PROPORTION OF GOVERNMENTAL EXPENDITURE DEVOTED TO EDUCATION 85
THE COST OF EDUCATION AND MILITARY EXPENDI-TURES COMPARED 91
Ⅵ．HOW THE PRESENT EDUCATIONAL PRO-GRAM IS SUPPORTED 94
FISCAL CONTROL 94
Ⅶ．HOW THE PRESENT EDUCATIONAL PRO-GRAM IS SUPPORTED（Continued） 104
THE SOURCES OF EDUCATIONAL REVENUE 104
THE NONTAX SOURCES OF EDUCATIONAL REVE-NUE IN CHINA AS A WHOLE 112
TAX SOURCES OF EDUCATIONAL REVENUE OF THE CENTRAL AND PROVINCIAL GOVERNMENTS 117
TAX AND NONTAX REVENUE 122
A CASE STUDY OF THE COUNTY SOURCES OF EDUCA-TIONAL REVENUE IN HUPEH PROVINCE 128
Ⅷ．THE FINANCIAL IMPLICATIONS OF THE NEW EDUCATIONAL POLICY 137
FINANCIAL IMPLICATIONS OF THE EMPHASIS ON PRODUCTIVE EDUCATION 152
Ⅸ．THE ABILITY OF CHINA TO SUPPORT EDU-CATION 155
THE ECONOMIC FOUNDATIONS 155
CHINA'S PRESENT ECONOMIC CRISIS 156
SOURCES OF THE WEALTH OF CHINA 163
ESTIMATES OF CHINA'S NATIONAL WEALTH AND INCOME 169
CHINA COMPARED WITH OTHER COUNTRIES IN PER CAPITA WEALTH AND INCOME 170
THE ABILITY OF CHINA TO SUPPORT EDUCATION,CONSIDERED IN RELATION TO ESTIMATES OF HER NATIONAL WEALTH AND INCOME 173
Ⅹ．THE ABILITY OF CHINA TO SUPPORT EDU-CATION 177
THE FINANCIAL FOUNDATIONS 177
THE FINANCIAL ABILITY OF THE CENTRAL GOVERN-MENT 179
CHINA'S FOREIGN AND DOMESTIC INDEBTEDNESS 181
THE FINANCIAL ABILITY OF THE LOCAL GOVERN-MENTS 185
WHAT THE GOVERNMENT HAS DONE IN THE RECON-STRUCTION OF THE REVENUE SYSTEM OF CHINA 188
THE EFFECTS UPON EDUCATIONAL SUPPORT AND WHAT EDUCATION CAN EXPECT 197
NEEDED READJUSTMENT AND EDUCATION'S EX-PECTATION 200
APPENDIX—A STATISTICAL ANALYSIS OF SCHOOL SUPPORT IN HUPEH PROVINCE AND ITS PROBLEMS OF RECONSTRUCTION 225
THE POSITION OF HUPEH PROVINCE 225
THE RANK OF HUPEH IN EDUCATIONAL OPPORTUNI-TIES AMONG THE PROVINCES AND SPECIAL MUNICIPALITIES 229
THE COST OF THE PRESENT PROGRAMAND TRENDS IN TOTAL AND PER PUPIL EXPENDITURE 232
TRENDS IN THE EXPENDITURES OR COSTS OF PRO-VINCIAL AND COUNTY EDUCATION 234
THE SUPPORT FOR THE EDUCATIONAL PROGRAM OF HUPEH 237
THE ABILITY OF HUPEH TO SUPPORT EDUCATION 250
MAJOR PRACTICAL PROBLEMS IN THE RECONSTRUC-TION OF THE SYSTEM OF PUBLIC SCHOOL SUPPORT IN HUPEH 256
BIBLIOGRAPHY 263