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VP Binay: Follow China example, invest in education 10/06/2011

Thursday, October 6, 2011

VP Binay: Follow China example, invest in education

10/06/2011
For the Philippine economy to finally to take off, Vice President Jejomar Binay proposed that the country should invest in education the way China did.

Speaking before some 10,000 teachers during the World Teachers’ Day celebration at the PhilSports Arena in Pasig, Binay said that “China’s consuming obsession with education could be the first thing we may want to imitate.”

“By expanding its native student population to at least 20 million by 2005, and sending tens of thousands of scholars for post-graduate studies to leading universities abroad, China enlarged and upgraded its stock of human capital faster than any of its global competitors,” Binay said.

The Vice President said that China “took a huge gamble” in 1978 when Deng Xiaoping opened up China to foreign investments and allowed Chinese scholars by the thousands to leave China for advanced studies abroad..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20111006nat6.html

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