China’s Latent Human Capital Investment:Achieving Milestones and Competing for the Top

In this paper we provide an overview of China’s human capital strategy and educationalachievements over the last two decades. While every one acknowledges China as aneconomic superpower, very few are aware of or realize China’s notable achievements ineducation as well as its internationalization of education. Since 1978, the landmark for thefoundation of the Chinese modern higher education system China has made tremendousstrides in education both domestically and internationally. While China maintains 10% growthin GDP, albeit with a GDP per capita at the low level of a developing country, it is alsoproducing serious scholars and a tremendous amount of scholarly output; more and moreChinese students seek higher education abroad; and international students find a risinginterest in receiving education in China....