Research on the Fiscal Investment Mechanism for Higher Vocational Education in Hubei Province
Year: 2026
Type: article
Abstract: Based on Hubei Province's strategic needs to build a modern vocational education system and serve the development of the "51020" modern industrial clusters, this paper focuses on the innovation and transformation of the fiscal investment mechanism for higher vocational education. First, it reviews the main characteristics and achievements of the current fiscal investment in higher vocational education in Hubei Province. It then conducts an in-depth analysis of the prominent problems and structural challenges faced by the current mechanism in terms of performance management, integration of industry and education, regional balance, and sustainability. To provide forward-looking solutions, the paper proposes several recommendations: establishing a differentiated and dynamic investment mechanism based on professional clusters, a new financial support mechanism for industry-education integration, a linkage mechanism between performance evaluation and resource allocation, a system of special transfer payments for vocational education, implementing a combination of "finance-banking-land", and promoting whole-process digital governance.
Source: Journal of economics and law.
Authors: Zhi Li, Xingrui Yang
Institution: Wuhan City Polytechnic
Language: English
Topic: Education Systems and Policy
Subfield: Education
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W7202368016