Booming Economy Attracts Overseas Students to Flock Back for Career

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Last updated at: (Beijing Time) Tuesday, November 20, 2001

Booming Economy Attracts Overseas Students to Flock Back for Career

Due to changing international economic environment, the everlasting boom of economy and many preferential policies in China, it has become an irresistible trend for more and more overseas intellectuals to return home for careers, according to sources of a forum held November 19 in Xi'an, China's northwest.

Booming economy attracts overseas students to flock back for career

Due to changing international economic environment, the everlasting boom of economy and many preferential policies in China, it has become an irresistible trend for more and more overseas intellectuals to return home for careers, according to sources of a forum held November 19 in Xi'an, China's northwest. The forum is to let overseas Chinese talents exchange their experiences in running business in China and to make their achievements show at home.

More pioneer parks for talents to develop careers emerged

Along with the influx of returned Chinese, last year saw a sharp increase of the number of pioneer parks, which offer much convenience for the talents to develop careers there. Currently, there are altogether 53 pioneer parks throughout the country, of which 21 are the state-level ones, increased from 9 at the beginning of this year. And more and more high-quality enterprises emerged at a higher speed than previous years in China.

sponsors and attendance of the meeting

The forum is co-sponsored by the Ministry of Science and Technology, Ministry of Education and other two units. It is held to let the pioneer parks to exchange experiences and probe on theories and practices, thereby providing better services for attracting more professionals to return from overseas.

Present at the meeting were officials from state governments and over 100 delegates from the pioneer parks and enterprises.

A Chinese official in charge of hiring overseas professionals predicted recently in Nanjing that in the next five years, more overseas professionals will be employed in China and more Chinese will go abroad for training.

Wan Xueyuan, vice-minister of Personnel and director of State Administration of Foreign Experts Affairs (SAFEA), said China's demand for professionals specializing in information technology, finance and accounting will increase by a big margin after China's entry into the World Trade Organization (WTO).

About one million overseas professionals have been employed in China during the past two decades after China opened its door to the outside world, mostly specialized in the fields of agriculture, manufacturing, energy, culture, education, medicine and health, news media and publishing, finance, law, environmental protection and tourism.

Overseas Chinese and foreigners of Chinese origin are estimated at 30 million all over the world at present, and among them about one million are professionals in the science and technology field.

By PD Online staff member Huang Ying

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