During the “14th Five-Year Plan” period，the policy environment for the development of private higher education is clearer，and measures of classified management have been constantly improved. The scale and strength of private higher education has increased steadily，the spatial distribution of higher education has been more aggregating and the process of transferring independent colleges has been accelerated. The deepening reform of the private education system，the continuous upgrading of people’s demand for education services，the convenience of school-enterprise cooperation and the flexible school system have brought opportunities for the development of private colleges. However，private higher education also faces many challenges. For example，the development of private colleges is still restricted by the dilemma of “the choice between profit or non-profit”，the bottleneck of connotation development，the immaturity of internal governance system and the development after transferring from independent colleges. In the future，we should further optimize the policy environment and implement various measures to support the development of private college. Make clear the orientation of school，adhere to connotation development and distinctive development. Take advantage of school-enterprise cooperation. And strengthen the construction of legal system especially the internal governance structure of private colleges.