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Seizing the opportunity to recruit more foreigners

Monday,Apr 24, 2017

From: China Daily

 

Wang Huiyao, president of CCG. 9,April, 2017 / Photo provided to chinadaily.com.cn


China should make the most of the flow of capital and talent across the world driven by globalization, says Wang Huiyao, founder and president of the leading Beijing-based think-tank the Center for China and Globalization. The following is an excerpt from Wang’s speech at the 3rd China and Globalization Roundtable Forum.

The WTO and IMF are two organizations which were designed to regulate global trade and finance, while apparently an international immigration authority is far from a requirement. There is no such agency right now to manage the flow of talent worldwide.

Attractive destinations like the US have the largest talent inflow, topping the world, while China, on the other side of the Pacific Ocean sees the least population of international talents as the ratio of foreign students studying in China is among the lowest in the world.

Chinese multinational enterprises are crucial to attracting smart brains to enlarge our high-level labor pool. Those companies like Huawei and Alibaba, now have adopted the idea of "using the talents instead of owning them". Such multinational enterprises could consider establishing research centers overseas to attract local and international talents to work there.

With the tightening immigration policy of the new US administration, China faces an opportunity and challenge.

Breakthroughs have been made recently on China’s international talent policies. In January 2016, the Ministry of Public Security announced Beijing city would ease rules to facilitate foreigners’ coming in and out and provide favorable terms for them to acquire permanent residence.

The new regulations will also allow short-term internships in Beijing for foreign students and permit them to run their own start-ups. The same policy has also been adopted by Shanghai, Guangdong and Fujian Province.

Apart from taking advantage of the Belt and Road Initiative to attract more international talents, we also need to figure out a way of to attract and nurture more foreign students. We also need to send more national talents to international organizations.

From China Daily,2017-4-24

 

 

  • Trump’s Immigration Curbs Fuel China Green-Card Debate

    China, as the world’s second-largest economy, could be an alternative destination for skilled immigrants, according to Wang Huiyao, head of the Center for China and Globalization (CCG), a non-governmental organization advising the government on global talent issues.

  • Brown’s first stops in China are in cities like California

    Brown led a delegation of nearly 100 business and government officials when he visited China four years ago. This time, he arrived with a crew of 10 and a more focused mission: to affirm a global obligation to green growth.

  • Think Tanks and The G20

    CCG President Dr. Wang Huiyao spoke on CCTV news program on think tanks and the G20 Summit. In the dialogue Dr. Wang emphasized the necessity of G20 for the world to regain focus on the benefit of globalization and revive the prosperity from international trade.

  • Trade, Connectivity Take Centre Stage at “Belt and Road” Forum

    The planned projects under the Belt and Road Initiative (BRI) would together span the distance from the eastern part of China until Belgium in the northwest corners of Europe and Spain further south. The initiative is also known as the Silk Road Economic Belt and the Maritime Silk Road, evoking the image of the transcontinental routes that were used for trading silk, horses, and a host of other products some millennia ago.

  • 【China Daily】Talented foreign graduates like China, but there’s a catch

    To qualify for a Chinese work permit, foreign graduates need to have at least two years of post-college work experience-a high threshold, according to Wang Huiyao, director of the Center for China and Globalization(CCG), an independent think tank based in Beijing. “Basically, many foreign students want to stay in China, but they can’t. If a foreign graduate gets a bachelor’s degree and wishes to stay and find a job, it’s impossible for them to obtain a work permit,” he said.