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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Present Situation and Investment of Education in China under the Background of Globalization

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DOI: 10.25236/isaete.2021.044

Author(s)

Xiao GUO

Corresponding Author

Xiao GUO

Abstract

Economic globalization provides an opportunity for the backward countries to modernize. Only when developing countries firmly grasp the development of education can they withstand the impact of economic globalization and rank among the forefront of the times. In essence, education investment is an investment to improve the quality of human capital. Through receiving education and training, the comprehensive quality and skill level of laborers or potential laborers can be improved. In the era of rapid development of knowledge economy, the importance of education is obvious. Education investment plays an extremely important role in improving the quality of human capital, improving the overall quality of the people, increasing the gross national product and promoting the rapid development of the economy. This paper analyzes the current situation of China's education and the basic situation of its investment in education under the background of globalization, and discusses the policy direction of China's investment in education in the future, especially in compulsory education.

Keywords

Globalization, The current situation of education, Investment in education