Country for PR: China
Contributor: Xinhua News Agency
Thursday, May 17 2018 - 12:23
Hangzhou leads in new round of competition for talents among Chinese cities -- excellent and open ecological environment for talents makes Hangzhou the most attractive city in China
HANGZHOU, China, May 17, 2018 /Xinhua-AsiaNet/--

As China marks the 40 anniversary of its reform and opening-up policy this 
year, Zhejiang province in east China, a benchmark in that historical 
transition, recently held a conference on opening-up, vowing to accelerate 
attraction of high-end resources including capital, technology and talents of 
world class.

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The province wants to have an edge in the next round of reform and economic and 
social transformation in China, but how to lure more talented people holds the 

Recent years saw some major Chinese cities, including Hangzhou, capital of 
Zhejiang province, compete for human resources. Those cities not only introduce 
policies to tap human resources, but also improve ecological environment for 
talents. The latest statistics show that Hangzhou is leading the competition, 
for now.

According to evaluation by the State Administration of Foreign Experts Affairs 
of China, Hangzhou has been listed in the "Top Ten Most Attractive Cities in 
the Eyes of Foreign Talents" for eight consecutive years. In 2017, its net 
influx of talents and the net inflow of overseas talents ranked first in 
Chinese cities.

Hangzhou recently welcomed the establishment of West Lake University in its 
Xihu District. As the first type of university in China with a focus on 
cutting-edge research, the university is recruiting top researchers across the 
world. It has attracted renowned scientists including Nobel Prize winners and 
helped high-level talents gather in Hangzhou.

The 19th National Congress of the Communist Party of China (CPC), which was 
held last year, put forward the strategy of "gathering the talents of the 
world" to speed up the building of a globally competitive talent system. 
Relying on its excellent environment for industrial development, abundant way 
of financing, and efficient government service platform, Hangzhou has built an 
excellent ecological environment for talents and is striving to be China's 
innovative city and an international highland for talented people.

Not only does Hangzhou host Chinese Internet giants such as Alibaba, but it is 
also the gathering place for China's most successful "business community" -- 
"Zhejiang Merchants." There are innovative enterprises that may become unicorns 
emerging every day in the city. Hangzhou is undoubtedly one of the most dynamic 
cities in China.

At the same time, Hangzhou is in the "window period" of urban 
internationalization. Hangzhou municipal government has successively introduced 
a series of highly preferential policies for talents, focusing on its ability 
to globally allocate human resources and creating conditions for the influx of 
more international talents.

In February, Hangzhou issued a new policy, which contains "Ten Clauses for 
Attracting Global Talents." The focus is on foreign talent recruitment and 
support to their business startup. Foreign elites can receive as much as 100 
million yuan if they start up a business in Hangzhou.

The Indian-American Srivastava set up a robotic surgery R&D project in Hangzhou 
last year and established the company's global headquarters here. His company 
has thus received a number of subsidies from the local government, including 
rent reductions of 1.5 million yuan, and has won 13.5 million U.S. dollar 
financing from Chinese investors.

According to statistics, there are currently more than 15,000 foreigners 
starting their businesses in Hangzhou. There are nearly 5,000 companies in the 
city that have foreigners registered and acted as legal persons.

Compared with other Chinese cities, the talent policy introduced by Hangzhou 
not only covers aspects such as the introduction and cultivation of talents, 
support for business start-ups, and living support, but also includes a talent 
service system to promote effective policy implementation.

Lin Haosheng, a Singaporean who came to Hangzhou in 2016, believes that issues 
such as housing, health care, and school enrollment are all critical ones that 
determine talented people's decision to stay. Hangzhou's support policies have 
retained talents.

The talent policy promulgated by Hangzhou is producing real results through the 
implementation of an action plan called "New Paradise of Innovation and 
Entrepreneurship." Fan Yuan, a graduate of California State University, 
resigned as an executive at Silicon Valley's top information security company, 
and established his own business of DBAPPSecurity in Hangzhou. He led his team 
to upgrade China's cyber security research capabilities to the world's leading 

In order to attract innovative talents in high-tech industries and start-ups, 
Hangzhou has also established a number of high-tech business parks in recent 
years to help talents solve a series of practical problems such as financing 
and industrial cultivation in the early stage of the venture. 

Xu Liyi, mayor of Hangzhou, said Hangzhou will create a more excellent and open 
talent ecological environment and attract more people to live and work here in 
the future.

Source: Hangzhou Municipal Government