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Returned Students Encouraged to Run Hi-tech Businesses
Northeast China's Liaoning Province is making efforts to attract Chinese students who have studied overseas to open hi-tech businesses in the province.
Some 320 returned students, from 20 countries and regions, signed 118 cooperation contracts with local enterprises and research institutes during a recent week-long trade promotion held in the provincial capital Shenyang.
According to Wei Wenduo, a senior technological official with provincial government, these contracts involve a total investment of 1.2 billion US dollars.
The province has adopted a series of favorable policies in financing, taxation and housing, and established a service network to help returned students. The government will offer financial aid to high-tech businesses run by returned students, Wei said.
The province is also planning to hold such promotion activities every year to attract more Chinese students studying overseas to open business in their homeland, according to Wei.
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