Employment, has been a top priority in Chinese society since the reform and opening-up policy, for it being a crucial element in a country’s talent development strategy. According to the Ministry of Education, the total number of the students graduating from Chinese higher education institutions in 2017 is expected to hit 7.95 million, 4% higher than 2016. Meanwhile, about 432,500 students returned to China after graduating from overseas universities in 2016, up 36.26% from 2012, according to a joint conference focusing on Chinese overseas students, making the total number of Chinese returnees exceed 2.65 million by the end of 2016. The biggest ever wave of Chinese returnees proves China is becoming a talent magnet for its rapid economic development, while bringing more pressure to the domestic employment market that deserves more attention both from the government and society.
In 2015, CCG and Zhaopin.com, a leading recruitment platform, jointly released the Report on Employment & Entrepreneurship of Chinese Returnees 2015 that drew great attention from academic community and media both at home and abroad. It was covered by nearly a hundred of domestic and international media outlets, with the new trends and prospect of Chinese returnees’ employment and entrepreneurship in China highlighted. To build on the success, CCG joined Zhaopin.com again this year in a more in-depth research on the issues and published their new findings for 2017. The latest report shed the light on the current situation and challenges of Chinese returnees’ employment and entrepreneurship after graduation, especially those who were born in the 1980s and 1990s. The report was based on the result of 1,821 valid survey questionnaires collected.