The ferocious financial crisis did not influence education in China as badly as expected. The bailout policy of Chinese government has been proved efficiently，and various measures adopted have effectively conqured the impact of financial crisis on employment of college graduates. The number of students going abroad keeps rising. The educational training market has seen no declining，yet the competition is growing in intensity，and venture capitals come into this market at a slower speed. Meanwhile，professional training for migrant workers still has a long way to go toward fully implementation. Student number in private institutions for higher education keeps shrinking. In order to enhance its competitiveness and flexibility，China’s education still need government input and substantial reform.