PRC produces almost an order of magnitude more STEM grads than the US each year….
, comparable to the rest of the world combined: ~4x population base, individual students ~2x more likely to study STEM.
China vs. India: how human capital shaped two distinct economic paths
Between the 1910s and 2010, the education systems in China and India experienced remarkable growth, producing millions of skilled graduates and employing vast numbers of teachers each year. Educational spending also surged, rising from just 0.1–0.2% of gross national income in the early 20th century to 4–5% in the 21st century. However, beneath the surface of this shared expansion lie significant differences in the human capital accumulation and educational development paths, leading to divergent outcomes in inequality and economic growth.
