Under the dual stimulus of the changes in social environment and the crisis faced by vocational education, New Zealand has begun to implement the largest reform in vocational education of the past 25 years. The dominant idea is “learning that fits around life,” i.e., delivering skills to the unique needs of all learners on New Zealand’s economic goals with humanistic approaches. The aim is to build a modern unified sustainable networked vocational education system focused on the needs of learners. The measures include: improving the top-level design of the vocational education system; constructing an integrated network of vocational education institutions; strengthening the connection between vocational education and regions and industries; paying attention to the interests of minority groups in vocational education. To deliver a more flexible vocational education, the reform optimizes the functions of vocational education and training through institutional adjustment; sets up an independent funding system to provide the economic foundation for further vocational education reform; and supports equity of access to vocational training. China could learn from New Zealand in its current vocational education reform from the following aspects: building a modern learner-focused mechanism for co-sourcing and sharing of vocational education resources; modernizing vocational education governance to meet the needs of industries and regions; accommodating under-served groups for equity of access to vocational training; and establishing an independent vocational education funding system.