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



  • Chinese footwear tycoon brings jobs, economic benefits to Ethiopia

    “Chinese companies’ investment in Africa is a win-win solution for both sides. By building factories in Ethiopia, our company has created significant fiscal revenue for local authorities and offers more job opportunities for citizens. In return, we have enjoyed cheaper production costs and preferential land policies,” said Zhang Huarong, president of major Chinese footwear producer Huajian Group, at a seminar held by the Center for China & Globalization (CCG) on March 8.

  • Emanuel Pastreich: Can culture be used for consensus in NE Asia?

    There have been multiple efforts to find common ground in Northeast Asia between China, South Korea and Japan over the last 20 years. For the most part, the focus has been placed on promoting trade, removing barriers to investment, and holding meetings between ministers, vice ministers, CEOs and technical experts.

  • Bigger migration role awaits nation

    Membership by China in the International Organization for Migration will not only bring considerable changes to Beijing’s migration management and services, but also will help the country to participate in global governance, experts said.

  • Xu Fangqing: China’s crucial involvement in DPRK-U.S. relations

    Chinese President Xi Jinping welcomed his counterpart Kim Jong Un from the Democratic People’s Republic of Korea (DPRK) again in Dalian City, northeast China’s Liaoning Province, where the two countries share borders, following their last face-to-face exchange in Beijing over one month ago.

  • China among the team of net capital exporters in global market

    In 2015, for the first time, the amount of Chinese foreign direct investment, $145 billion, surpassed the amount of investment China received from abroad, and ranked in second place after the United States.