In China, education plays an increasingly important role in the creation of wealth and poverty. In the reform era, education has become closely tied to earnings (Yang 2005; Zhang et al. 2005). Returns to education in urban China increased significantly from 1978 to 1993, though returns were still relatively low in 1993, at less than four percent per year of schooling (Zhao and Zhou 2006).
Adams, J.; Hannum, E. Beyond cost : rural perspectives on barriers to education. In: Creating wealth and poverty in postsocialist China. Stanford University Press, Palo Alto, California, USA (2008)