China's Workforce Education Boosts Foreign Investment, Transforming Economic Landscape
The article explores how labor quality in China affects foreign direct investment (FDI) within companies. The researchers found that education levels play a crucial role in determining labor quality, with higher education leading to better quality. Companies from Hong Kong, Macau, and Taiwan have a greater impact on FDI than others. The impact of labor quality on FDI varies across industries and provinces. Therefore, improving employee education can attract more FDI, especially those focused on technology.