Shanghai is China’s the favorite city for international talents, followed by Beijing, South China’s Guangdong Province and East China’s Jiangsu Province, according to a recent report on regional international talent competitiveness.
Shanghai is China’s the favorite city for international talents, followed by Beijing, South China’s Guangdong Province and East China’s Jiangsu Province, according to a recent report on regional international talent competitiveness.
Photo: imm cologne
A comprehensive evaluation system was used to measure region’s competitiveness in relation to international talents in six dimensions: scale and structure of international talents, innovation, policy, development and living environments. The report was conducted and released by the Center for China and Globalization (CCG) and the Southwestern University of Finance and Economics’ Institute of Development Studies.
“With rapid economic globalization, China has become international talents’ new choice for long-term development and relocation and regional competition for international talents has begun,” Wang Huiyao, president of CCG, said.
Photo: European Commission
Shanghai beat out other cities and scored of 65.17 out of 100, or 3.91 out of 6, in the global talent competitiveness index. According to the report, this score came as a result of the openness of the city, its work environment, job opportunities and preferential policies.
Beijing, with 3.67 out of 6, ranked second in the report, and accounts for the majority of international students due its prestigious universities, including Tsinghua University and Peking University.
Photos: Internet
East China’s coastal Jiangsu province ranks fourth. Jiangsu is home to many foreign companies due to its preferential policies and their role in attract elite-level international talent.
Southwest China’s Sichuan province, with a score 1.92 out of 6, ranked 10th on the list. According to the report, however, it was the top among regions in middle and western China.
Jiangsu University International Students Photo: Internet
The international talents policy index is an important indicator of a region’s competitiveness for international talents. The policy incentives extended to international talents in China’s eastern coastal cities are more favorable than those in its middle and western regions, according to the report.
For instance, a medical park in Taizhou city gives each PhD holder a subsidy of 20,000 yuan ($3,070) and 150,000 yuan to buy a house, Global Times reported, citing Jiangsu’s official newspaper, Xinhua Daily.
Photo: Internet
The Shanghai government began a pilot program in 2015 which also allows foreign students with a master’s degree from Shanghai universities to start a business after graduating, the Xinhua News Agency reported. The Shanghai goverment began a pilot program in 2015 which also allows foreign students with a master’s degree from Shanghai universities to start a business after graduating, the Xinhua News Agency reported. Regional innovative development has been a main trend for international competitiveness, and the increase of regional competiveness can bring new opportunities for a country in the midst of a global development competition, reports Wang Huiyao, President of the CCG.
