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Investor Presentaiton

China restructured its TVETS to prepare future agricultural workers Context China's agriculture industry declined between 1980 and 2008, as the proportion of planting shrank even though that of fishery & forestry increased 2 major factors drove this situation: Declining number of farmers: -200M farmers had dumped farming in favor of formal employment in cities and towns Shortage of skills: Current stock of farmers were unfamiliar with new agricultural technology, which hindered further employment What did the Chinese government do? Chinese government revised TVET's curriculum to focus on 3 major areas: Practical student trainings on present job demands • • ~1/3 students received 11-15 hours of various skills training weekly TVETS placed students with agricultural SMEs for internships Career guidance and advisory services >50% of students across schools were satisfied with career counselling, and 90% believed it contributed to life planning Integration of students & teachers into community agriculture efforts School resources were used to support 12 agricultural model villages Teachers trained farmers in cultivation, pest control etc. TVETS means Technical and Vocational Education and Training Colleges || || || Key successes China Students transitioned smoothly into agriculture sector Majority of students pursued agriculture after schooling - ~90% employment rate of agricultural majors across the 3 schools Employers collaborated with schools to develop more TVETS Xinjiang built a training centre for seed production and management majors, and developed eight training courses Heilongjiang established province level school-enterprise cooperation group for food majors Learnings for Plateau State Partner with schools to build a training centre for potato seed production, farming and processing Work with ASTC & FADAMA to identify skill gaps in the agricultural sector and partner with schools to adjust curriculum to include gaps Liaise with agro-processing companies e.g., NASCO, and communal farmers to offer students yearly one-month internship placements 1. Schools in focus are Xinjiang Agricultural Vocational Technical College, Nan Gong Vocational and Technical Education Centre, and Heilongjiang Nongken Vocational College Source: World Bank; Media coverage; BCG 70 70 Copyright © 2019 by Boston Consulting Group. All rights reserved. ש
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