China’s Investments in Skills

James J. Heckman; Shuaizhang Feng

doi:10.3868/s060-007-018-0025-5

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Front. Econ. China ›› 2018, Vol. 13 ›› Issue (4) : 531-558. DOI: 10.3868/s060-007-018-0025-5

RESEARCH ARTICLE

China’s Investments in Skills

James J. Heckman¹ ,
Shuaizhang Feng²

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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

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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