New“Law of the People's Republic of China on Promotion of Privately-run Schools”and relevant supporting documents have specified the classified management of private education，thus setting the basic course for the future reform and development of private education in China. It is an institutional innovation of great strategic significance in the field of private education，which is conducive to the removal of bottlenecks in private educational development，the implementation of supporting policies of local government and expansion of the new space for the private educational development. Since the implementation of“Law of the People's Republic of China on Promotion of Privately-run Schools”on September 1，2017，local policies and regulations have been formulated all over China to put in place private schools' choice between“profit-making”and“non-profit-making”. In spite of the fact that over 10 provinces and cities，including Liaoning，Jiangsu，Shanghai and Henan，have formulated local policies，some provinces and cities are still standing on the sidelines. The policies issued by the national，provincial and municipal governments still offer ambiguous policy positioning of the core issues facing privately-run schools concerning“the attribute of legal person，property ownership and withdrawal mechanism”，which results in the privately-run schools' doubt about the choice between“profit-making”and“non-profit-making”. In order to help privately-run schools make wise choices，it is demanding for the legislative institutions and relevant departments to strengthen propaganda and legislative interpretation and create a favorable atmosphere and for local government of all levels to carry out a series of scientific and fine institutional design on the basis of the national top-level design and to understand and support“classified management”.