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Talents contribute more to economic growth

By Sheng Ruowei (People's Daily)

15:07, May 15, 2012

Edited and translated by Li Kunlun, People's Daily Online

China's talents' contribution to economic growth rate reached 26.6 percent, about 8 percent more that the average 18.9 percent between 1978 and 2008, according to official figures.

The country was home to 120 million managerial, professional and skilled workers at the end of 2010, up by 7.8 million from 2008. They accounted for 11.1 percent of the country's labor force.

Among the talent pool are nearly 30 million business management personnel, 55.5 million technical professionals, 28.6 million highly skilled personnel and around 10.5 million rural staff with practical skills.

The investment in human capital was equivalent to 12 percent of GDP in 2010.

Investment in human capital accounting for the proportion of gross domestic product (GDP) reached 12.0 percent, an increase of 1.3 percentage points more than in 2008.

Read the Chinese version: 人才对经济增长贡献率达26.6%


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