Next Made-in-China Boom

7/14/2013

This New York Times article discusses China's ambitious plan to increase the number of college graduates in the country. The Chinese government aims to have 195 million college-educated workers by 2020, which is more than the entire population of Russia. The article explores the drivers and implications of this goal, including the desire to fuel economic growth, attract multinational companies, and enhance social mobility. However, it also raises concerns about the quality of education, the job market's ability to absorb the increasing number of graduates, and the potential for a credentialing bubble. The article provides a comprehensive overview of China's effort to expand its pool of college-educated individuals and the challenges it faces in achieving this goal.

education statistics ꞏ social impact ꞏ chinese students ꞏ career advancement ꞏ job market trends ꞏ job market ꞏ human capital ꞏ education policy ꞏ higher education ꞏ chinese universities ꞏ demographic trends ꞏ education ꞏ china ꞏ labor market ꞏ global economy ꞏ job market competition ꞏ chinese economy ꞏ globalization ꞏ skills gap ꞏ college enrollment ꞏ china's education system ꞏ skill development ꞏ education inequality ꞏ education trends ꞏ economic competitiveness ꞏ education investment ꞏ economic development ꞏ international students ꞏ economic growth ꞏ workforce development ꞏ youth unemployment ꞏ chinese government ꞏ educational attainment ꞏ job creation ꞏ employment opportunities ꞏ college degree ꞏ career prospects ꞏ employment ꞏ academic achievement ꞏ college graduates ꞏ workforce ꞏ education reform ꞏ demographic shift ꞏ graduate employment