China is making HUGE investments in education. In 1998, then-President Jiang Zemin called for a massive increase in enrollment in higher education. Since then, high school and college enrollments in China grew. Source: FP-Foreign Policy, April 14, 2010
For example: China’s enlarged enrollment to higher education started in 1999, which boasted China’s shift in higher education from elite higher education to mass higher education. The enrollment to colleges/universities increased by 42 percent, compared to the year of 1998. Source: All Academic.com
Then in March 2013, Premier Wen Jiabao announced that China’s expenditures on education had reached 4% of GDP in 2012, a goal set almost twenty years earlier. “Government spending on education totaled 7.79 trillion yuan over the past five years, increasing at an average annual rate of 21.58 percent to reach 4 percent of the GDP in 2012,” Wen said in his annual work report delivered to deputies to the top legislature. (7.79 trillion yuan is equal to $1.25 trillion). Source: China Daily
For example, during the 1967-1985 period, total government expenditure on education averaged 2% of GNP, and 7.7% of the total national budget. Source: Columbia.edu
One result: The overall literacy rate has gone from 20% in 1950 to 92.2% of the total population today.
Compared to China, in the United States, education spending peaked in 1976 at 5.9% of GDP before dropping to flat line at about 5.5% annually.
In China, more than thirty percent graduate with degrees in engineering or technology. But in the United States, only five percent of university students graduate in these fields, while U.S. universities produce more psychologists.
That is why President Obama has encouraged American students to study science. Source: White House
What’s going to happen if America’s students do not start working hard to become engineers and scientists?
In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000. It’s a fact that people with an education in engineering and science earn more and are more productive. China and India combined are turning out more than 600,000 engineers a year—ten times that of the United States. Source: Rocketry Planet
Discover China’s Holistic Historical Timeline
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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.
His latest novel is the multiple-award winning Running with the Enemy.
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