The simulation of China education-economy system: a system dynamics model

China education-economy system is typical complex system. Both traditional region economic theory and complex social economic theory were used to analyze it. The econometric equation of system constituents' interactions was built based on the Cobb-Douglas production function. The integrated system model was built according to system dynamics. The simulation indicates that China education-economy system develops steadily in the next 10–15 years and education will become the primary factor of promoting the economy after that.