China Offer Lucrative Remuneration To Lure More Foreign Talent

China Offer Lucrative Remuneration To Lure More Foreign Talent

China is gearing up to lure more foreign talent, especially those with experience in engineering, bioscience and information science.

In order to facilitate the recruitment of experts, the country would adopt more market-oriented measures, including cooperation with high-level expert associations and headhunting firms, Xinhua news agency quoted Zhang Jianguo, a general director of the State Administration of Foreign Experts Affairs as saying.

Zhang said the Chinese government has established a 10-year programme in August 2011, which aims to employ 500 to 1,000 overseas high-caliber experts to help increasing China’s economic and social development.

He said every employed expert would be offered one million yuan (US$160,000) as living expense subsidies.

“For scientific researcher, they would be given another three to five million yuan research subsidy,” he said.

Currently, 94 foreign experts have been recruited under the programme, he added.