Beijing
Headhunters drafted to search for talent
The One Thousand Foreign Experts Project, which the government launched late last year, plans to invite 500 to 1,000 high-end non-Chinese foreign professionals from other countries over the next decade to help promote innovation and scientific research. Besides those, each province, municipality and autonomous region has started their own plans to introduce overseas professionals to help with local development.
Star cities in race for foreign capital
Undoubtedly, while rising wages and costs sap growth in the coastal and eastern regions that have led China’s exports and growth during the past three decades, western regions with skilled labor are turning into magnets for global companies that are either transferring bases or adding investment in the region.
