Bulletin Autumn‧Winter 2000

I NTERACTIONS B ETWEEN EDUCATION AND E CONOMIC D EVELOPMENT: The Experience of Shenzhen The Challenges of the New Century Faced with information explosion and the globalization of economies, Asian countries must readjust the direction of their manpower development, enhance the effectiveness of their education systems, and strengthen the human capital of their cities in order to deal with the challenges of the new century. The Hong Kong Institute of Educational Research of The Chinese University launched a strategic research - project on the interactive relationship of education and development in South China in the mid-1990s. Thefindings of the research will have important implications for policies governing educational development in mainland China and Hong Kong.