“The third international symposium on human
capital and the labor market celebrating release of the China human capital
report 2011” was held in Central University of Finance and Economics (CUFE) on
October 28, 2011. The symposium organized by China Center for Human Capital and
Labor Market Research (CHLR) released the China human capital index and report
2011.
This was the third China human capital report released by CHLR
following that the center successfully organized the international symposiums
and released the China human capital reports in 2009 and 2010. Philip O’ Keefe
(Lead Economist, World Bank), Fengyun Lei (Deputy Director, State Administration
of Foreign Experts Affairs), Yijun Li (Deputy Director, Division of Management
Science, National Natural Science Foundation of China) and Junsheng Li (Vice
President, Central University of Finance and Economics) gave opening remarks,
respectively, which highly valued CHLR’s research team, work and
findings.
Domestic and foreign experts including Desheng Lai (Dean,
School of Economics and Business Management, Beijing Normal University), Yang Du
(Professor, School of Management, Wuhan Institute of Technology), Shaoming Gui
(Professor, Institute of Labor and Population Economics, Chinese Academy of
Social Sciences), Barbara Fraumeni (a pioneer scholar in developing
Jorgenson-Fraumeni method of human capital calculation), Philip O’ Keefe (Lead
Economist, World Bank), Åke Blomqvist (a senior health economist) and Peer
Ederer (the team leader of the European human capital project) commented and
discussed on the methodology, findings, academic values and policy implications
of the China human capital index and report 2011. They highly valued the report
and provided suggestions. Following that, Professor Åke Blomqvist, Professor
Barbara Fraumeni and Dr. Peer Ederer presented their studies on relevant
fields.
The China human capital index project is supported by the
National Natural Science Foundation of China and the special funds of CUFE,
aiming to establish a scientific system of China’s first human capital index,
describe the distribution and development dynamics of China human capital,
complete the human capital measurement and index for all provinces of China, and
establish a dynamic database for China human capital. Since the first release in
2009, the China human capital report has attracted attention both in China and
abroad. Some chapters of the report were published in The Changing Wealth of
Nations (World Bank, 2010), U.S. National Bureau of Economic Research (NBER)
Working Paper Series, The Beijing Municipal Human Resources Blue Book
(Department of Organization, Beijing Government, 2010) and other relevant
academic journals. The report was also presented at international conferences.
The project team was invited to join in large domestic and foreign projects for
relevant research.
China Human Capital Index Report 2011 improves
calculation method dramatically and increases micro survey data. The report
updates, calculates and analyzes the distribution of human capital and its
dynamic development for the whole country as well as 12 provinces or cities
(Beijing, Shanghai, Gansu, Guangdong, Jiangsu, Liaoning, Anhui, Shandong,
Guizhou, Hubei, Hunan, Henan) between 1985 and 2009. The report also compares
the level of human capital across provinces.
Editor: Liyang Xie