Page 107 - Azerbaijan State University of Economics

Fettouche Fatma: Influence of Human Capital On Employment In China Standard
Analytical Study

Objective of improving educational standards and system is encapsulated in the
"China Education Modernisation Plan 2035," which seeks to attain elevated
educational levels. on par with those of industrialised countries (Valerio Mendoza,
Borsi, & Comim, 2022).

Regarding health expenditure, reflective of China's dedication to public health, the
initiation of health care reform in 2009 resulted in an increase in health spending from
5 in 2016 to 6 in 2018, with per capita health expenditure in 2018 estimated at
RMB640.28 (US $). An increase of RMB 453.14, equivalent to 68.48 USD, relative
to 2017 (Wang & Chen, 2021).

Table 1 . Evolution of Employment rates in China During 1990-2022)⸓(
Years Employment Rate Years Employment Rate

1990 3.88 2007 5.41
1991 3.99 2008 5.69

1992 4.51 2009 5.60

1993 3.39 2010 5.50
1994 4.75 2011 5.15

1995 4.89 2012 5.18

1996 5.21 2013 5.09
1997 5.24 2014 5.06

1998 5.19 2015 4.97

1999 6.00 2016 4.95
2000 5.63 2017 4.96

2001 5.41 2018 4.96

2002 5.17 2019 4.82
2003 5.32 2020 4.62

2004 5.36 2021 4.77

2005 5.09
2006 5.36 2022 4.83

Source: Compiled by the researcher depending on: the World Bank

https://data.worldbank.org.

107