China’s dynamic economic growth at the turn of twenty/twenty-first century is accompanied by an unprecedented development of higher education and university education. Development of economic structures of the country gave birth to a sharp increase in demand for highly qualified personnel with broad international experience. That triggered a rapidly growing process of “student emigration” to foreign universities, making China the main animator of the process of globalization of higher education. In 2007 Chinese students represented 15,1% of all international students in the world higher education system. They became largest foreign minority at the universities in the USA (16.6% of total number of foreign students), UK (14.1%), and in the case of Japan they accounted for the record 63.7% (2007). At the same time number of foreigners studying in China is dynamically growing (with 39 000 in 1970 to 195 000 in 2007). It is expected that due to the expansion of the Chinese economy and the increasing interest in the culture and art by 2020 more than half million of foreign students will undertake their education in China.