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In each of the next five years, China plans to lure 10,000 talents
studying abroad back to the motherland, Personnel Minister Song
Defu announced.
Preferential policies that would offer higher wages, high-quality
housing and job placement for spouses would be incentives, official
sources confirmed.
However, details of the preferential policies were not disclosed.
Song said China needs talents to make the nation competitive
in advanced high technology and the increasingly globalized
economy.
Under the 10th Five-Year Plan (2001-05), world-class scientists,
promising professionals and researchers and Chinese students
studying abroad will be encouraged to return to the motherland,
Song said.
Song urged local personnel authorities to do their best to attract
Chinese students studying abroad to return home.
Song said: "China needs a large number of senior or world-class
talented people who have mastered the world's advanced technologies
and knowledge, who know the rules of international political
and economic affairs, as well as the operation of the market
economy."
Especially needed are top-flight talents in high technology,
financial management and other professions.
Song's call comes when China is on the verge of entering the
World Trade Organization. Membership will mean China must be
able to compete economically with other nations.
Song said local personnel officials must understand that there
is a worldwide competition for talented people.
Beginning in 1978, the start of China's opening up, to 1999,
approximately 320,000 Chinese students studied abroad. More
than 110,000 have returned.
"They have been the vital new force for pushing forward
China's modernization drive," Song said.
He predicted that there will be another wave of Chinese students
returning to the motherland because of the government's "policy
of supporting studies abroad, encouraging students to return
and giving them the freedom of coming back or going outside."
In recent years, the percentage of returned students have increased
at an annual rate of more than 13 per cent.
Under the preferential policies, banks, insurance firms and
State-owned large enterprises will be able to use their own
financial resources to lure talents, sources said.
(China Daily 07/29/2000)
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