Bulletin Autumn‧Winter 2000

deal with change, such as in making n e w friends and moving to a distant place for the sake of their career. Education, therefore, is the key to the nurturin g of China's competitive h uma n resources. Conclusion This research shows that education and economic development are closely related. In the context of the n ew economy, education helps to increase workers' productivit y and earnings, and exerts a positive effect o n their response to on-the-job training as well as students' attitude towards change. On the other hand, the boom of the non- s t a te s e c t or h a s b r o u g h t a b o ut c h a n g e s in e d u c a t i o n: t h e d e c e n t r a l i z a t i o n of e d u c a t i o n al f i n a n c e a nd ma n a g eme n t, t he redefinition of partnership between schools and enterprises, a greate r d ema nd for more education, a change in the role of schools in the labour market, an d an increased d ema nd for general t r a i n i ng . • Profiles of CUHK Investigators Prof. Chung Yue-ping, dean of education, received his Ph. D. from Stanford University. His research interests include educational and economic development of China, vocational education and the labour market, tertiary education, economic aspects of teacher and school effectiveness, issues of efficiency and equity in education expansion. Prof. Leslie Lo Nai-kwai, director of the Hong Kong Institute of Educational Research, obtained his Ph. D. from Columbia University. His research interests include educational policy, educational development in China and Asia, non-formal education, the social role of intellectuals, and teacher development and teacher education. Prof. Grace Mak Chiu-ling obtained her Ph.D. from New York State University. She specializes in education in China, education in Hong Kong, education for women, and teacher education. Prof. WongHin-wah obtained his Ed. D. from the University of California at Los Angeles. His specialties include curriculum and instructional design, the development and evaluation of compulsory education, teacher education, comparative studies of curriculum development in South-east Asia. Prof. Xiao Jin received her Ph.D. from Michigan State University. Her research interests include adult and continuing education, human resources development, and the economic costs of adult education. Prof. Esther Ho Sui-chu received her Ph.D. from the University of British Columbia. She specializes in the sociology of education, parental involvement, parent-school-community cooperation, school effectiveness and reform, decentralization and school-based participation, research methodology, and multi-level analysis in educational research. Prof. Hung Fan-sing taught at Sir Robert Black College of Education. His research interests include rates of return to education, cost and benefits of education in China, privatization of education, investment in human capital Team members visit a secondary school in Shenzhen. Interactions Between Education and Economic Development The Experience of Shenzhen 41