How Chinese Students Affect Eugene’s Economy

International Students from University of Oregon skiing in Willamette Pass.

By: Zhaoru Ye

Due to the Fast-growing economy of China, More and more Chinese people begin to pay high 

Due to the Fast-growing economy of China, More and more Chinese people begin to pay high attention on education. Now, China has the largest number of students in the United States. According to the Institute of International Education of the article of Chinese students pouring billions into US local economies by Doug Tsuruoka, says that there were 328,547 Chinese students studying in the US in the 2015-16 academic years, up 8.1% from the previous period. These international Chinese students contribute much to the local economy. For instance, 62 % percent students afford to spend at least $ 40, 000 each year on a college education by surveying 25,000 Chinese students. From these, we can realize that there is amount of money of Chinese Students go into the United State’s economy. Also,Diane Dietz indicates in the article of Bring the Bling that the student cash is making a mark on Eugene. For instance, they boosted sales only at BMW of Eugene by 50 or 60 cars in 2013. In order to attract more Chinese student buyers, some dealerships, such as Mercedes-Benz of Eugene, have hired Mandarin speaking sales staff basing on the article of Chinese Students Major in Luxury Cars by Tim Higgins. It is obvious that Chinese students have great positive impacts on Eugene’s economy, especially in recent years.