中央财经大学中国人力资本指数报告英文版558页_10mb

Summary of the Human Capital Project in China

Core Content

The Human Capital Project in China, led by the Center for Human Capital and Labor Market Research (CHLR) at the Central University of Finance and Economics (CUFE), is a long-term, systematic research initiative focused on measuring and analyzing human capital in China. The project has been ongoing since 2009 and has been continuously funded by the National Natural Science Foundation of China and CUFE. It aims to develop scientific metrics for human capital, provide data for economic development studies, and support policy-making by offering insights into human capital dynamics and trends.

Main Research Focus

The project centers around the following key areas:

• Human capital and skill measurement
• Human capital investment
• Human capital mobility
• Human capital and innovation
• Health economics
• Human capital measurement and index construction

Key Personnel

Principal Investigator

• Haizheng Li: Special-term Professor at CHLR, CUFE; also Professor at Georgia Institute of Technology.

Faculty Team Members

• Belton Fleisher, Barbara Fraumeni, Zhiqiang Liu, Xiaojun Wang, Cynthia Bansak, Sophie Xuefei Wang, Fanzheng Yang, Ning Jia, Nina Yin, Chen Huang, Yulong Chen, Yi Zhang, Xianfang Xiong

Administrative Members

• Rong Huang: Executive Assistant to Director/Project Coordinator (2015-present)
• Lingxuan Zhu: Project Coordinator (2023-present)

Former Faculty Members

• Shan Li, Li Yu, Fang Xia, Kang-Hung Chang, Chun-Wing Tse, Ake Blomqvist, Song Gao

Former Doctoral and Post-doctoral Students

• Yan Su, Xing Chen, Yuzhe Ning, Dazhi Guo, Yuefang Qiu, Junzi He, Yue Sun, Zhiyong Liu, Tang Tang, Bo Li, Na Jia, Yunling Liang, Qinyi Liu

Student Teams (2010–2024)

The project has consistently involved a large number of graduate students, with teams evolving over the years. Notable members include:

• 2024: Xiaoyuan Kang, Xu Wang, Yiting Xu (Quality Control Committee); Guibin Zhang (Manager); Yuhao Wang, Ao Yang (Members); Xiaolei Guo, Tianzixuan Hu, Wenbin Hu, Jinglei Li, Yongqi Li, Jia’an Liu, Tingting Liu, Qihan Qin, Yiyang Shen, Mingsi Yu, Shujin Zhang, Sikun Zhu
• 2023: Yifan Wang, Zhe Wang, Kai Wang, Mengyuan Wu (Members); Xiaoyuan Kang, Guibin Zhang (Project Management Committee)
• 2022: Xu Wang (Manager); Yuhao Wang, Ao Yang (Members)
• 2021: Hao Zhong (Manager); Yifan Chen, Jingfei Gao, Li He, Lingyan Hu, Xiaofei Jin, Zengxiu Kang, etc.
• 2020: Chaoqi Wang (Manager); Xiaoxue Chang, Xiaojie Gong, Xinwei Guo, etc.
• 2019: Xiang Zheng (Manager); Bing Wang, Jiapeng Dong, etc.
• 2018: Shuning Yuan (Manager); Ce Guo, Junfeng Li, etc.
• 2017: Yue Sun (Manager); Lu Feng, Yang He, etc.
• 2016: Liyuan Ma (Manager); Zhiying Bian, Miaomiao Mo, etc.
• 2015: Xiang Zheng (Manager); Bing Wang, Jiapeng Dong, etc.
• 2014: Xiang Zheng (Manager); Xing Chen, Qiang Gao, etc.
• 2013: Tingting Ding, Junzi He, Bo Li, etc.
• 2012: Lu Feng, Yang He, Bo Li, etc.
• 2011: Zhanwang Chang, Xiaotang Chen, Lu Feng, etc.
• 2010: Jing Bai, Jing Fang, Chao Guo, etc.

Invited Commentators

The project has received input from prominent scholars and experts over the years, including:

• 2023: Jong-Wha Lee (University of Korea), Patrick McCarthy (Georgia Institute of Technology)
• 2022: Yang Du (Chinese Academy of Social Sciences)
• 2021: Steven Lehrer (Queen's University), Fangwen Lu (Renmin University)
• 2020: Yongmiao Hong (University of Chinese Academy of Sciences), Jong-Wha Lee (University of Korea)
• 2019: Weizhong Hou (California State University), Weiping Li (Academy of Human Resources and Social Security), Tao Yang (Darden School of Business), Yansui Yang (Tsinghua University)
• 2018: Desheng Lai (Beijing Normal University), Yang Du (Chinese Academy of Social Sciences)
• 2017: Junjie Hong (University of International Business and Economics), Weiguo Yang (Renmin University)
• 2016: Min Tang (State Council Counselor), Boqing Wang (MyCOS Founder)
• 2015: Gary Jefferson (Brandeis University), Scott D. Rozelle (Stanford University), Shi Li, Tao Xin (Beijing Normal University)
• 2014: Shujie Han (China Human Resources Development Magazine), Martina Lubyova (Slovak National Academy of Sciences), Peter F. Orazem (Iowa State University), Jeffrey S. Zax (University of Colorado, Boulder)

Key Findings and Impacts

• The project has produced the "China Human Capital Report" annually for 15 years, published in both Chinese and English.
• The reports have been widely covered by domestic and international media, including Sohu News, Guangming Daily, Southern Metropolis Daily, CNR.cn, First Financial Daily, World Bank, OECD, and Nobel Laureates such as James Heckman and Kenneth Arrow.
• The project has contributed to the international human capital index system and national wealth measurement by establishing a scientific framework for human capital measurement in China.
• The data and methodologies developed have been used in numerous academic papers, books, and policy discussions, enhancing understanding of human capital trends, aging, education, and urbanization in China.

Publications

Papers

• "Human Capital Measurement: from Individual to Aggregate", 2021
• "Regional Distribution and Dynamics of Human Capital in China 1985-2014", 2019
• "Physical Capital Estimates for China's Provinces, 1952-2015 and Beyond", 2018
• "Advance in Human Capital and Economic Growth: A Comparison among East, Central and Western Regions", 2018
• "Regional Distribution and Dynamics of Human Capital in China 1985-2014: Education, Urbanization, and Aging of the Population", 2016
• "Human Capital Estimates in China: New Panel Data 1985-2010", 2014
• "China's Human Capital Measurement: Method, Results and Application", 2014
• "Regional Distribution and Development of Human Capital in China", 2013
• "Human Capital in China, 1985-2008", 2013
• "Human Capital Measurement and Index Construction in China", 2010

Books/Book Chapters

• "Human Capital of Mainland China, Hong Kong and Taiwan, 1997-2018", 2021
• "Senior Expert to Review the Results and Analysis of Human Capital Accounts", 2017
• "Human Capital and Physical Capital Comparison of Beijing", 2016
• "Human Capital Comparison among Beijing, Tianjin and Hebei Province", 2014
• "The Rural-Urban Disparity of Human Capital in China", 2012
• "Human Capital in Beijing-A Measurement Based on the Jorgenson-Fraumeni Income Approach", 2011
• "Human Capital Index in China", 2010

Conferences and Presentations

• The project has been presented at International Conferences on Human Capital, including hybrid and online formats, since 2010.
• Professor Haizheng Li has been a key organizer and speaker at various academic events, such as:
  • 15th International Conference on Human Capital (2023)
  • 93rd Annual Meeting of the Southern Economic Association (2023)
  • 92nd Annual Meeting of the Southern Economic Association (2022)
  • 91st Annual Meeting of the Southern Economic Association (2021)
  • 4th Asia Business and Economics Research International Conference (2022)
  • Seminar on "Digital Economy and Digitization of Human Capital" (2022)

Data Availability

• The project's data and reports are available for free download from:
  • CHLR Official Website
  • CUFE & University of Electronic Science and Technology of China Joint Data Research Center

Significance

The project has become a landmark initiative at CUFE, with fifteen consecutive years of funding from the National Natural Science Foundation of China. It has played a crucial role in shaping academic discourse and policy decisions related to human capital in China.