This article attempts to investigate the relationship between the massification of higher education, labour market and social mobility in contemporary China. Though only a short period of time has elapsed from elite to mass education, China’s higher education has been characterised as a wide, pervasive massification process. Similar to other East Asian countries/economies like South Korea, Taiwan and Hong Kong, the expansion of higher education in China has also generated a great impact on labour markets and social mobility. The massification of higher education has increased college access and in general enhanced the extent of equity and equality in society. Nonetheless, the situation has become far more complex as returns of education have flattened out recently and social mobility has slowed down in general. University students have started to doubt the ability of higher education to improve their competitiveness in the job market. This, in turn, has led to a wide dissatisfaction with higher education development in China, particularly when higher education has experienced highly intensified competition in the context of world-class university movement. Realising that students from different family backgrounds may encounter diverse experiences in graduate employment and opportunity for upward social mobility, this article critically reflects upon how variations in social capital and cultural capital have impacted on graduate employment and social mobility as higher education has massively expanded in China.

Using a phone survey conducted in 2012, we examined whether there is a gender difference in financial literacy among Hong Kong workers; and if such a difference exists, whether it can be explained by gender differences in sociodemographic variables, social or psychological factors, and/or the outcomes of retirement planning. Results show a gender gap in financial literacy as well as age, spousal support for retirement savings, risk tolerance, computational ability, and perceived financial knowledge. Multivariate data analyses show that a proportion of the gender difference in financial literacy could be explained by gender differences in risk tolerance, computational ability, and self-reported financial knowledge; but the difference remained after adjusting for variables found to be associated with gender. Our findings suggest that it may be important to develop programs targeted specifically to women.

Since 1949, the journal Public Administration and Development has gone through changes in name and scope, in author demographics and background, and in readership and the topics covered. The professional‐oriented articles in the first years of the journal have evolved to become more academic theory‐oriented articles in recent years. Drawing on mixed methods, the authors conducted in‐depth analyses using data from the journal to highlight changes in research themes and geographic foci. The study provides insights into the historical development of public administration in developing contexts, the journal's contributions to the field, and maps out potential future research trends.