China’s Investments in Skills

James J. Heckman , Shuaizhang Feng

Front. Econ. China ›› 2018, Vol. 13 ›› Issue (4) : 531 -558.

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

China’s Investments in Skills

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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.

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

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