Home>Top Issues

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

 

 

  • Rail technology could be China’s global calling card

    Wang Huiyao, president of the Center for China and Globalization (CCG), a think tank in Beijing, said: “Like the US-made Boeing 77 and France’s Airbus, China’s high-speed railway could be an important project to help the country export its technology in the future.”

  • Trump’s China Visit | CGTN

    US President Donald Trump and First Lady Melania Trump arrived in Beijing on Wednesday afternoon to begin their three-day state visit. It is Trump’s first trip to China since taking office earlier this year, making him only the second US President to visit China in his first year after Barack Obama.

  • How Can China Build World-Class Multinational Corporations?

    August 30, the Beijing-based Center for China and Globalization invited Lady Barbara Judge, the first female chair of the UK’s Institute of Directors, to share her views about successful corporate governance among her nation’s top firms.

  • Chinese think-tank focuses on overseas returnees with new books

    The Center for China and Globalization (CCG) has released three English books, concerning overseas returnees’ career prospects in the country. The release was rolled out at its headquarters in Beijing on Thursday.

  • The 2017 CTTI report: CCG tops social think tank list for 2 consecutive years with a wide margin

    Center for China and Globalization(CCG) gets the champion position among the top 10 social think tanks in China according to the 2017 China Think Tank Index (CTTI) report jointly published by Center for China Think Tank Studies and Evaluation (CCTTSE) of Nanjing University and Think Tank Research and Release Center of Guangming Daily on December 21st, 2017.