The COVID-19 outbreak has had a significant influence on all aspects of society, and it is necessary to comprehend the responses of various stakeholders as well as the challenges that higher education has encountered in the aftermath of the outbreak. This study systematically analyses the measures taken by higher education stakeholders in response to the COVID-19 pandemic and the challenges faced by higher education in the post-COVID-19 era. To analyse the actions taken by higher education stakeholders and the challenges that remain, this study critically analyses government policy documents, reports from international organisations and perspectives of experts in the field of higher education, studies from Chinese journals, and international scientific literature. While stakeholders responded quickly during the outbreak, providing financial and material assistance, developing online learning, and facilitating international student mobility, the study finds that these measures are insufficient when compared to those in other sectors, and higher education stakeholders' responses to COVID-19 have been fragmented, uncoordinated, and fraught with conflict and ambivalence. The study finds that higher education during the COVID-19 pandemic faces multiple challenges, with COVID-19 exacerbating inequities in educational access and educational achievement due to uneven educational infrastructure and resource allocation. The availability of infrastructure and the lack of preparedness of faculty and students have dimmed large-scale experiments in online education. Future international student mobility patterns may need to be restructured.