Human Resources Vital for China's Competitiveness

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Last updated at: (Beijing Time) Monday, December 16, 2002

Human Resources Vital for China's Competitiveness

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Against the backdrop of economic globalization and China's World Trade Organization accession, experts believe the human resources issue in China should no longer remain solely the concern of business circles since it impacts on national competitiveness.

Cui Weijiang, a renowned Chinese economist, said that despite rapid economic growth, China remained relatively uncompetitive, largely as a result of its poor human resources development.

Cui is one of the experts attending the 2002 International Human Resources Forum being held in Beijing.

Multinationals while bringing a constant flow of capital to China, had also stepped up their "grab" of local talented people, he said. This had both alerted China to its low awareness of human resources development and highlighted the need to create a human resources management system and relevant legal system.

The combination of capital resources and a low-value labor force would not ensure sustainable economic growth, Cui said. China would probably never see its national competitiveness upgraded unless as well as attracting capital investment, it emphasized investment in human resources and gave legal recognition and protection to their value.

He warned if China continued to compete with a low-cost labor force when other countries were boosting their human resources, the digital divide would further widen, causing national competitiveness to decline.

Cui said the 16th National Congress of the Communist Party of China indicated a clear direction for building a national human resource system under the principle that "labor, capital, technology, managerial expertise, income and other production factors participate in the distribution of income according to their respective contributions."

He believed the principle would help nurture and hold on to the country's human resources in the future.

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