This book examines how China’s higher vocational education (HVE) has been developed as a means of skill formation from multiple perspectives including policy, history, culture, sociology, and comparative studies (China/Canada).

Through systematic analysis of relevant state policies (1980–2019), alongside empirical findings, the book reveals domestic and global policy contexts, positive and negative policy effects, and theoretical and practical policy implications for China’s skill formation through higher education reform by developing HVE to supply a high-level technically skilled workforce. Analyses and discussions are based on multiple analytical frameworks including human capital, Confucianism, neoinstitutionalism, and UNESCO’s ISCED Level 5. It concludes that China’s HVE/skill formation has been developed by mainly following the country’s distinctive political economy and history, but that it neglects the dominant local culture, which in turn has led to unsolved and newly emerged challenges impeding HVE’s high-quality development. Three policy foci are proposed for future policymaking to address such negligence.

Demonstrating how China reforms, develops, and improves the higher education system to serve skill formation within the context of globalization, this book will be a valuable resource to students and scholars of vocational and technical education, comparative education, higher education, sociology of education, policy studies, and China studies.

This book examines how China’s higher vocational education (HVE) has been developed as a means of skill formation from multiple perspectives including policy, history, culture, sociology, and comparative studies (China/Canada).

Through systematic analysis of relevant state policies (1980–2019), alongside empirical findings, the book reveals domestic and global policy contexts, positive and negative policy effects, and theoretical and practical policy implications for China’s skill formation through higher education reform by developing HVE to supply a high-level technically skilled workforce. Analyses and discussions are based on multiple analytical frameworks including human capital, Confucianism, neoinstitutionalism, and UNESCO’s ISCED Level 5. It concludes that China’s HVE/skill formation has been developed by mainly following the country’s distinctive political economy and history, but that it neglects the dominant local culture, which in turn has led to unsolved and newly emerged challenges impeding HVE’s high-quality development. Three policy foci are proposed for future policymaking to address such negligence.

Demonstrating how China reforms, develops, and improves the higher education system to serve skill formation within the context of globalization, this book will be a valuable resource to students and scholars of vocational and technical education, comparative education, higher education, sociology of education, policy studies, and China studies.

This book focuses on maximum principle and verification theorem for incomplete information forward-backward stochastic differential equations (FBSDEs) and their applications in linear-quadratic optimal controls and mathematical finance.  ​Lots of interesting phenomena arising from the area of mathematical finance can be described by FBSDEs. Optimal control problems of FBSDEs are theoretically important and practically relevant. A standard assumption in the literature is that the stochastic noises in the model are completely observed. However, this is rarely the case in real world situations. The optimal control problems under complete information are studied extensively. Nevertheless, very little is known about these problems when the information is not complete. The aim of this book is to fill this gap.

This book is written in a style suitable for graduate students and researchers in mathematics and engineering with basic knowledge of stochastic process, optimal control and mathematical finance.

This book examines how China’s higher vocational education (HVE) has been developed as a means of skill formation from multiple perspectives including policy, history, culture, sociology, and comparative studies (China/Canada).

Through systematic analysis of relevant state policies (1980–2019), alongside empirical findings, the book reveals domestic and global policy contexts, positive and negative policy effects, and theoretical and practical policy implications for China’s skill formation through higher education reform by developing HVE to supply a high-level technically skilled workforce. Analyses and discussions are based on multiple analytical frameworks including human capital, Confucianism, neoinstitutionalism, and UNESCO’s ISCED Level 5. It concludes that China’s HVE/skill formation has been developed by mainly following the country’s distinctive political economy and history, but that it neglects the dominant local culture, which in turn has led to unsolved and newly emerged challenges impeding HVE’s high-quality development. Three policy foci are proposed for future policymaking to address such negligence.

Demonstrating how China reforms, develops, and improves the higher education system to serve skill formation within the context of globalization, this book will be a valuable resource to students and scholars of vocational and technical education, comparative education, higher education, sociology of education, policy studies, and China studies.

This book examines how China’s higher vocational education (HVE) has been developed as a means of skill formation from multiple perspectives including policy, history, culture, sociology, and comparative studies (China/Canada).

Through systematic analysis of relevant state policies (1980–2019), alongside empirical findings, the book reveals domestic and global policy contexts, positive and negative policy effects, and theoretical and practical policy implications for China’s skill formation through higher education reform by developing HVE to supply a high-level technically skilled workforce. Analyses and discussions are based on multiple analytical frameworks including human capital, Confucianism, neoinstitutionalism, and UNESCO’s ISCED Level 5. It concludes that China’s HVE/skill formation has been developed by mainly following the country’s distinctive political economy and history, but that it neglects the dominant local culture, which in turn has led to unsolved and newly emerged challenges impeding HVE’s high-quality development. Three policy foci are proposed for future policymaking to address such negligence.

Demonstrating how China reforms, develops, and improves the higher education system to serve skill formation within the context of globalization, this book will be a valuable resource to students and scholars of vocational and technical education, comparative education, higher education, sociology of education, policy studies, and China studies.

This book focuses on maximum principle and verification theorem for incomplete information forward-backward stochastic differential equations (FBSDEs) and their applications in linear-quadratic optimal controls and mathematical finance.  ​Lots of interesting phenomena arising from the area of mathematical finance can be described by FBSDEs. Optimal control problems of FBSDEs are theoretically important and practically relevant. A standard assumption in the literature is that the stochastic noises in the model are completely observed. However, this is rarely the case in real world situations. The optimal control problems under complete information are studied extensively. Nevertheless, very little is known about these problems when the information is not complete. The aim of this book is to fill this gap.

This book is written in a style suitable for graduate students and researchers in mathematics and engineering with basic knowledge of stochastic process, optimal control and mathematical finance.