Nobel laureate James Heckman, an expert in economics and human development, shared insights on the value of risk-taking and China's economic strategies. His extensive research includes work on China's labor market and early development.

James Heckman is the Henry Schultz distinguished service professor of economics and public policy and director of the Centre for the Economics of Human Development at the University of Chicago. Heckman has devoted his professional life to understanding the origins of major social and economic questions related to inequality, social mobility, discrimination and the formation of skills and regulation in labour markets. He has also done extensive research in China’s labour market and early...