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China's EMBA education will see a new round of surging tuition costs, with the Guanghua School of Management at Peking University being the first to announce an increase in charges.

The school said it will increase tuition fees from last year's 450,000 yuan to 538,000 yuan this year, a rise of nearly 20 percent. Meanwhile, the school also unveiled a reshuffled program for its EMBA courses by adding more practice and interaction.