Working Paper: CEPR ID: DP8376
Authors: Amelie Constant; Jingzhou Meng; Bienvenue Tien; Klaus F. Zimmermann
Abstract: In this paper we provide an overview of China?s human capital strategy and educational achievements over the last two decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China?s notable achievements in education as well as its internationalization of education. Since 1978, the landmark for the foundation of the Chinese modern higher education system China has made tremendous strides in education both domestically and internationally. While China maintains 10% growth in GDP, albeit with a GDP per capita at the low level of a developing country, it is also producing serious scholars and a tremendous amount of scholarly output; more and more Chinese students seek higher education abroad; and international students find a rising interest in receiving education in China.
Keywords: brain drain; china; higher education; human capital
JEL Codes: F22; J24; N35; O15; O24; O53
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Increased investment in education and R&D (O39) | Higher economic growth rates (O49) |
| College attendance (I23) | Higher earnings in urban areas (R11) |
| Internationalization of education (I25) | Attracting and retaining global talent (J61) |
| Government initiatives (e.g., 'Thousand Talents Plan') (O36) | Mitigate brain drain (I25) |
| Returning expatriates (F22) | Enhancing the domestic knowledge economy (O36) |