Futuríveis
sexta-feira, outubro 07, 2005
Graduate shortage ‘may hinder Chinese economy’
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A shortage of well-trained graduates could hinder the growth of the Chinese economy and prevent it from developing more sophisticated industries, according to a report by consultants McKinsey.
A lack of practical skills and poor English-speaking levels will make it hard for China to develop service-based industries such as the sort of information technology outsourcing that India has specialised in over the past decade, it says.
The study underlines the difficulties China faces in trying to shift from an economy dominated by manufacturing into services and research-based industries, despite the large number of new graduates that the country is producing. McKinsey also predicts that multinationals will have an increasingly hard time recruiting high-quality staff in China at a time when growing numbers of foreign companies are expanding their operations there.
“It is a paradox of shortage among plenty,” said Andrew Grant, director in McKinsey's Shanghai office and one of the report's authors. “Few of China's vast numbers of graduates are capable of working successfully in the services-export sector.”
The report is based on interviews with 83 human resources executives who concluded that fewer than 10 per cent of graduates in China had the skills to work for a foreign company, compared with 25 per cent of graduates in India. China will produce 3.1m university graduates this year compared with 1.3m in the US.
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FT.com / World / Asia-Pacific - Graduate shortage ‘may hinder Chinese economy’
A shortage of well-trained graduates could hinder the growth of the Chinese economy and prevent it from developing more sophisticated industries, according to a report by consultants McKinsey.
A lack of practical skills and poor English-speaking levels will make it hard for China to develop service-based industries such as the sort of information technology outsourcing that India has specialised in over the past decade, it says.
The study underlines the difficulties China faces in trying to shift from an economy dominated by manufacturing into services and research-based industries, despite the large number of new graduates that the country is producing. McKinsey also predicts that multinationals will have an increasingly hard time recruiting high-quality staff in China at a time when growing numbers of foreign companies are expanding their operations there.
“It is a paradox of shortage among plenty,” said Andrew Grant, director in McKinsey's Shanghai office and one of the report's authors. “Few of China's vast numbers of graduates are capable of working successfully in the services-export sector.”
The report is based on interviews with 83 human resources executives who concluded that fewer than 10 per cent of graduates in China had the skills to work for a foreign company, compared with 25 per cent of graduates in India. China will produce 3.1m university graduates this year compared with 1.3m in the US.
...
FT.com / World / Asia-Pacific - Graduate shortage ‘may hinder Chinese economy’
posted by CMT, 12:03 da manhã
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