China’s Investments in Skills

James J. Heckman a, Shuaizhang Feng b 

Author information


a Center for the Economics of Human Development, University of Chicago, Chicago, IL 60637, USA

b S Institute for Economic and Social Research, Jinan University, Guangzhou 510632, China

E-mail: jjh@uchicago.edu (James J. Heckman), shuaizhang.feng@foxmail.com (Shuaizhang Feng)


Abstract


This paper discusses the benefits of investment in skills in China. We highlight the achievements China has made over time in human capital investments and the new challenges that have emerged as the country develops. To fuel China’s further economic growth and social developments, it is essential to take a more holistic view on skill investments. We suggest policies that promote both economic efficiency and social mobility.


Keywords


human capital, vocational training, migration, China


Cite this article


James J. Heckman, Shuaizhang Feng. China’s Investments in Skills. Front. Econ. China, 2018, 13(4): 531‒558 https://doi.org/10.3868/s060-007-018-0025-5

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