Talent Introduction

As Hangzhou is on the fast track of international development, the Yangtze River metropolis has also attached great importance to talent introduction by rolling out a wave of preferential policies to retain and attract high-caliber talents from both at home and abroad.

In the second quarter of 2018, Hangzhou has been listed as the top destination for new job recruits in the country with the net rate of job recruits flowing into the city at 9.88 percent, much higher than China's traditional first-tier cities Beijing and Shanghai.

On the expat front, the eastern Chinese city has proved itself a magnet for overseas professionals, with a total of 51 foreigners residing in Hangzhou having been granted permanent residence status in China, including scientists, leading researchers, entrepreneurs, managerial staff and their families.

The permanent residence policy, an effort to draw global talents, is a significant move for the Chinese government in its attempts to further reform and opening up.

To date, around 15,000 overseas professionals, 29,000 overseas Chinese and over 5,000 foreign-funded companies have settled in the city.

Expats who have been granted permanent residence status in China pose at a symposium in Hangzhou, capital of East China's Zhejiang province, on June 12. [Photo/zjol.com.cn]