1. Critical thinking skills: Chess requires players to think several moves ahead in order to anticipate their opponent's moves and plan their own strategy. This helps develop critical thinking skills and decision-making abilities in children.

2. Concentration and focus: Playing chess requires a high level of concentration and focus, as players must pay attention to the game for an extended period of time. This can help improve a child's ability to concentrate and focus on tasks in other areas of their life.

3. Problem-solving skills: Chess is a game of problem-solving, as players must analyze the board and come up with a plan to outsmart their opponent. This can help children develop their problem-solving skills and learn how to approach challenges in a strategic way.

4. Patience and perseverance: Chess can be a challenging game that requires patience and perseverance to improve and succeed. This can help children learn the value of persistence and hard work in order to achieve their goals.

5. Social skills: Playing chess with others can help children develop their social skills, as they must communicate with their opponent and practice good sportsmanship. Chess can also be a great way for children to make new friends and connect with others who share their interest in the game.                                                                                       

Overall, chess is a great way for children to develop a wide range of valuable skills and qualities that can benefit them in many areas of their lives.