"We live in an ever smaller global community and we probably are at a point where we believe having some language skills is a useful thing - it's what I would call a vocational skill really, " he says.

BBC: 'Gaming' the school league tables?

Around 49 percent of Chinese workers think their job matches their skill set and vocational goals.

FORBES: China Workers Unsatisfied On The Job, Poll Suggests

Rewarding students for skill and intelligence is important, but billionaires should be allocating money toward scholarship programs for people going into vocational programs, not building gargantuan athletic facilities at Harvard and Yale.

FORBES: Leadership