Beijing's Tech Hub Unveils New Policies to Entice Top Overseas Talent
Dong Xin
/SOURCE : Yicai
Beijing's Tech Hub Unveils New Policies to Entice Top Overseas Talent

(Yicai Global) Feb. 28 -- China's central government and local authorities in Beijing have unveiled new entry-exit policies as the capital city looks to lure more overseas to tech research hub Zhongguancun.

The document published by the pair outlines 20 reform measures in terms of entry and exit, hiring, industrial development, service guarantees and other support for top international workers.

The aim of the changes is to help overseas personnel "get in, stay, do well and fit in," Zhai Lixin, director of the Administrative Committee of Zhongguancun Science Park, said at a press conference.

Five of the measures are concentrated on permanent residence applications, convenient entry and exit procedures and long-term resident permits for foreign personnel.

Six of them focus on liberalizing the appointment of foreign staff, such as allowing expats with permanent residence status to act as legal representatives of new research institutes in the park and make them more competitive at an international level.

The policies also permit foreign scientists with permanent residence status to lead national science demonstration projects in Zhongguancun and support top foreign talent involved in Beijing municipal government developments.

Implementing the measures is conducive to expanding the space in which foreign talent can utilize their skills and bolster the nation's research ability, Zhai said, adding that Chinese workers with foreign-born spouses and children will also be able to apply for permanent residence through special direct procedures.

Another perk will be the easier renewal of multiple-entry visas for foreign experts and scholars who visit the institutes in Zhongguancun, and the issuance of five-year visas for their relatives to visit Beijing.

Previously, only recruitment agencies were able to invest in headhunting offices targeting foreign talent, but the new policies will allow anybody to invest in such firms, said Chen Bei, deputy director of the Beijing Municipal Human Resources and Social Security Bureau. The upper limit for foreign investment in recruiters has also increased to 70 percent from 49 percent.

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Keywords: R&D , Government Policy , Human Resources , Zhongguancun , Beijing