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The Importance of Education in the Chinese Economy
There are 30 million manufacturing jobs that need to be filled by 2025. In high tech sectors like semiconductors, there are 300,000 vacancies this year. This shows you that the present problem is not that there are not enough jobs, but there's a big gap in terms of education and skill. You've got to ask the Chinese families, what is it all about, their hope? It's all about the next generation.